Which of the following determines how much money an individual will decide to hold?
a. Investment spending
b. Income taxes
c. The price level
d. The supply of money
e. Real GDP
C
Economics
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The Department of Commerce sums the payments made to resources to arrive at GDP in the form of compensation of employees, rents, profits, net interest, indirect taxes, and depreciation. This method of deriving GDP is called the:
A. opportunity cost approach. B. income approach. C. expenditure approach. D. monetarist approach.
Economics
A seller's reservation price is generally equal to:
A. the seller's marginal cost. B. the market price. C. the buyer's reservation price. D. the seller's average cost.
Economics