If high incomes inspire more saving than low incomes ________
A) the average propensity to consume falls as income rises
B) the marginal propensity to consume rises as income rises
C) autonomous consumption falls as income rises
D) the average propensity to consume rises as wealth rises
A
Economics
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The unemployment rate equals the
A) number of employed persons divided by the number of unemployed persons. B) number of unemployed persons divided by the civilian non-institutional population. C) number of unemployed persons divided by the civilian labor force. D) sum of unemployed persons and discouraged workers divided by the civilian labor force.
Economics
The primary antitrust statute in the United States is the
A) NLRA of 1935. B) SEC Act of 1933. C) Sherman Antitrust Act of 1890. D) Federal Reserve Act of 1913.
Economics