Looking ahead at how the customer is more likely to react, what price should the shopkeeper charge?

In national income accounting, the value of worn out or obsolete capital is represented by

A) depreciation. B) transfer payments. C) disposable income. D) dividends.

A sub-prime loan is a loan extended to borrowers

a. at a subsidized interest rate below the prime rate normally offered to the most creditworthy borrowers. b. with blemished credit or limited documentation of their income, employment history, and other indicators of credit worthiness. c. seeking a 30-year, fixed rate mortgage. d. who have a FICO score above 660.