The relationship between disposable income and consumption expenditure is
A) positive.
B) U-shaped.
C) negative.
D) nonexistent.
E) not stable because it depends on whether the economy is in equilibrium or not.
A
Economics
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If the price of a good is increased and total revenue received from the sale of this good increases, then the price elasticity of demand for the good is
A) elastic. B) inelastic. C) unitary. D) None of the above
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Which of the following addresses agency costs?
a. advertising for employee positions in as many outlets as possible b. requiring employees to punch time clocks c. instituting longer work days d. reducing the number of holidays
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