Suppose that personal income is $250 billion. Furthermore, assume that retained corporate earnings are $2 billion, social security taxes are $15 billion, social security benefit checks equal $16 billion, the capital consumption allowance is $32 billion, and corporate taxes amount to $40 billion. The national income of this nation will be:
a. $236 billion.
b. $249 billion.
c. $251 billion.
d. $279 billion.
e. $290 billion.
c
Economics
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The potential for a financial breakdown at one financial institution to spread throughout the financial system is known as a
A) lending risk. B) systemic risk. C) moral hazard. D) liquidity risk.
Economics
Give examples of factors that decrease short-run aggregate supply. Which way does the SAS curve shift?
What will be an ideal response?
Economics