Income-in-kind is
A) money income.
B) received in the form of goods and services.
C) income in dollars.
D) used to buy goods and services.
B
Economics
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Which of the following would most likely cause a decrease in the current demand for a normal good? a. An increase in the price of the good
b. An increase in the expected future price of the good. c. A decrease in the price of a complement for the good. d. None of the above would be likely to cause a decrease in current demand for a normal good.
Economics
Which of the following equations is always correct in an open economy?
a. I = Y - C b. I = S c. I = S - NCO d. I = S + NX
Economics