Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What does planned real saving equal when real disposable income equals $6,000?

A) -3,000
B) -1,200
C) 0
D) 7,200

Ans: B) -1,200

Economics

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FIRREA increased the core-capital leverage requirement for thrift institutions from 3% to

A) 8%. B) 5%. C) 10%. D) 25%

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Deadweight losses represent the

a. inefficiency that taxes create. b. shift in benefit from producers to consumers. c. part of consumer and producer surplus that is now revenue to the government. d. increase in revenue to the government.

Economics