The economy will reach equilibrium in a simple economy only if saving is

a. greater than investment.
b. less than investment.
c. equal to investment.
d. equal to disposable income.

c

Economics

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Marginal revenue product is the

A. additional revenue from one additional dollar increase in price. B. change in the revenue product resulting from one additional unit of input. C. additional revenue from one additional unit of input. D. change in revenue resulting in one additional dollar in price.

Economics

A corporation has legal status like an individual citizen.

Answer the following statement true (T) or false (F)

Economics