According to Keynes, the primary determinant of a person's saving is
A) the nominal interest rate.
B) the real interest rate.
C) the level of the person's consumption spending.
D) the level of the person's real current income.
Ans: D) the level of the person's real current income.
Economics
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If General Motors imports parts from its plants in Canada and Mexico for finished trucks that it will sell across the NAFTA region, what type of trade does this represent?
What will be an ideal response?
Economics
Economic profits at the short-run break-even point are
A) positive. B) negative. C) equal to zero. D) indeterminate since they also depend on the size of the fixed costs.
Economics