Savings equal the difference between personal income and consumption.
Answer the following statement true (T) or false (F)
False
Savings equal the difference between disposable income and consumption.
Economics
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Which of the following is an example of natural monopoly?
A. a market for cable TV services B. a market for breakfast cereals C. a market for cold medicines D. a market for cigarettes
Economics
An increase in the market supply of clerks leads to an increase in the market wage rate for clerks.
Answer the following statement true (T) or false (F)
Economics