Society's resources include

a. land and labor
b. labor and machinery
c. land, labor, and capital
d. land, capital, and money
e. labor, capital, and money

C

Economics

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Which one of the following will shift the consumption function downward?

a. An increase in disposable income. b. A decrease in disposable income. c. Legislation making credit harder to obtain. d. Lower tax rates. e. A technological breakthrough.

Economics

National economic policies are usually set by the local government in the U.S., making it the focus of economic discussions

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

Economics