The principal difference between income and money is that income is a ____ and money is a ____.

A. schedule; curve
B. point; line
C. stock; flow
D. flow; stock

Answer: D

Economics

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When the Fed buys government bonds, bank reserves fall.

a. true b. false

Economics

In the African nation of Senegal, to enroll in school a child needs a Birth Certificate that costs $25 . This price is several weeks' income for many families. Explain how this requirement is likely to affect the growth of human capital in Senegal

What will be an ideal response?

Economics