When we add the up value of all capital goods, we determine
a. private investment
b. the capital stock
c. a flow phenomenon
d. GDP
e. inventory
B
Economics
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What is the relationship between total taxes and net taxes?
a. total taxes = net taxes ? transfer payments b. net taxes = total taxes + local taxes c. net taxes = transfer payments / total taxes d. total taxes = net taxes - transfer payments e. total taxes = net taxes + transfer payments
Economics
The figure shows the saving schedules for economies 1, 2, 3, and 4. Which economy has the highest marginal propensity to consume?
A. 1.
B. 2.
C. 3.
D. 4.
Economics