What is the amount of money a person has left of his or her income after taxes called?
(A) Disposable personal income
(B) National income
(C) Personal income
(D) Aggregate income
Ans: (A) Disposable personal income
Economics
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Refer to Figure 8A.1. When the economy reaches K
A) economic growth through capital deepening continues to increase. B) capital stock increases. C) depreciation equals saving. D) depreciation is zero.
Economics
An excise tax on an imported good that is not produced domestically is called a:
A. protective tariff. B. import quota. C. revenue tariff. D. voluntary export restriction.
Economics