Suppose the following information describes the economy:GDP2,000Consumption1,500Government Spending300Net taxes400Public saving equals ________ and national saving equals ________.

Which of the following have a positive relationship with household saving?

I. the real interest rate II. disposable income III. expected future income A) I and II B) II only C) II and III D) I, II and III

A monopoly creates a deadweight loss because the monopoly produces less than the efficient quantity

Indicate whether the statement is true or false