In the national income accounts, net interest is the total interest payments received by households on loans made by them minus

A) interest received from households' ownership of government bonds.
B) interest payments made by households on their own borrowing.
C) interest payments made by households to foreign lenders.
D) taxes paid by households on their interest income.

B

Economics

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Using Figure 9.1, explain what a firm would do in the short run if the market price of its product were at P4 and it produced Q4 . Is the firm earning an economic profit? Explain

What will be an ideal response?

Economics

The relationship between consumer spending and disposable personal income is

A) a negative relationship. B) an inverse relationship. C) a direct relationship. D) independent.

Economics