Household income is spent on all of the following except one. Which is the exception?
a. services
b. tax payments
c. durable goods
d. nondurable goods
e. dividends
E
Economics
You might also like to view...
Stefanie borrows $10,000 from a bank and withdraws $5,000 from her personal savings to start a cupcakery. The interest rate is 5% for both the bank loan and her personal savings. her opportunity cost of capital is $750
a. true b. false
Economics
A firm's average costs will be falling whenever its:
a. marginal costs are positive. b. marginal costs are negative. c. marginal costs are less than average costs. d. marginal costs are less than fixed costs.
Economics