Accumulated over a long span of time, the tax rate on interest income

a. removes all benefits from saving.
b. reduces the benefits from saving by a small amount.
c. reduces the benefits from saving by a large amount.
d. does nor reduce any of the benefits from saving.

c

Economics

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Gross private domestic investment is a component of which approach to measuring GDP?

A) incomes approach B) expenditure approach C) linking approach D) output approach

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Average fixed cost is

a. the sum of variable and fixed costs b. total cost minus variable cost c. variable cost plus marginal cost d. total fixed cost per unit of output e. constant as output changes

Economics