An example of a perfectly competitive market would be the market for

In a simple economy without government or foreign trade, any income not consumed is called

A) net investment. B) depreciation. C) saving. D) investment.

If Y = $200 billion, c = 0.75, autonomous consumption = $10 billion, and T = $20 billion, induced consumption expenditure is

A) $135 billion. B) $200 billion. C) $180 billion. D) $150 billion.