Suppose saving is $1,400 when income is $10,000 and the MPC equals 0.8. When income increases to $12,000, saving is

If knowing about one outcome does not help to predict another outcome, the outcomes are said to be ________

A) exclusive B) inclusive C) dependent D) independent

The market demand curve for a product produced in a perfectly competitive industry is normally:

A. upward sloping. B. a vertical line. C. a horizontal line. D. downward sloping.