National saving is defined as the amount of

A) business saving.
B) household saving.
C) business saving and household saving.
D) private saving and government saving.

D

Economics

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As the interest rate increases, the present value of a future payment

A) increases. B) decreases. C) does not change. D) approaches infinity.

Economics

Refer to the diagram. An industrial union could maximize employment by negotiating a wage rate of:



A.  W 4 .
B.  W 3 .
C.  W 2 .
D.  W 1 .

Economics