The portion of after-tax income a consumer does not spend on consumption is called

a. investment.
b. saving.
c. supply.
d. temporary income.

B

Economics

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Toyota purchases a truck factory in San Antonio, Texas. This purchase is entered into which of the balance of payment accounts?

A) capital and financial account B) current account C) foreign account D) official settlements account E) trade account

Economics

According to economists, the fixed-price model of macroeconomic equilibrium depicts the modern economy most closely because it assumes that aggregate supply is independent of price

a. True b. False Indicate whether the statement is true or false

Economics