Households will choose to save more if
A) income is expected to decrease in the future.
B) current disposable income increases.
C) Both answers A and B are correct.
D) Neither answer A nor B is correct.
C
Economics
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Economists assume that the goal of consumers is to
A) make themselves as well off as possible. B) do as little work as possible to survive. C) consume as much as possible. D) spend all their income.
Economics
Refer to Figure 13-9. Which of the graphs in the figure depicts a monopolistically competitive firm that is minimizing its losses?
A) Panel A B) Panel B C) Panel C D) Panel A and Panel C
Economics