The fraction, or percentage, of total income which is saved is called the:
A. Average propensity to save
B. Marginal propensity to save
C. Disposable income schedule
D. Saving schedule
A. Average propensity to save
Economics
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The above figure shows the Lorenz curves for four different countries. In which country is income most equally distributed?
A) country A B) country B C) country C D) country D
Economics
The discount rate is the interest rate charged by the central bank when it makes loans to commercial banks
a. True b. False Indicate whether the statement is true or false
Economics