We go from personal income to personal disposable income by
A) subtracting undistributed profits.
B) adding transfer payments.
C) subtracting personal income taxes.
D) subtracting depreciation.
E) subtracting personal saving.
C
Economics
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Suppose that the United States does 1/2 of its trade with Canada, 1/4 with the United Kingdom, and 1/4 with Mexico. If the dollar real exchange rate rises by 10°/o with Canada, rises by 20% for the United Kingdom, and falls by 10% for Mexico, what is the percentage change in the real effective exchange rate?
a. 11.5% b. 10% c. 7.5% d. -2.5%
Economics
What two conditions are met when a consumer is maximizing utility?
What will be an ideal response?
Economics