Refer to the graph shown, which depicts a perfectly competitive firm. When it is maximizing profit, the total profit earned by the firm represented is:

Mortgages issued to borrowers who fail to document that their incomes are high enough to afford their mortgage payments are known as ________ mortgages

A) reciprocal B) Alt-A C) gray market D) subprime

If the marginal propensity to consume is 0.60, the marginal propensity to save will be: a. greater than 0.60. b. equal to 0.40

c. equal to 0.60. d. equal to 0.