The part of the disposable income that is not consumed by households is:

a. given away in the form of taxes.
b. given away as charity.
c. saved.
d. deducted as a depreciation cost.
e. spent on imports.

c

Economics

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The Equal Employment Opportunity Commission was established by

a. the Social Security Act b. the Reagan administration c. the Civil Rights Act d. the Equal Rights Amendment e. the Wagner Act

Economics

During the 1960s and early 1970s, economists believed that the Phillips curve indicated

a. that higher inflation was the price for more unemployment. b. that higher levels of employment could be achieved with lower inflation. c. a menu of choices for policy makers. d. All of the above are correct.

Economics