The above table has data from the nation of Atlantica. Based on these data, when disposable income equals 8.0 there is
A) dissavings of $0.5 trillion.
B) dissavings of $15.5 trillion.
C) savings of $15.5 trillion.
D) savings of $0.5 trillion.
E) dissavings of $7.5 trillion.
D
Economics
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All else equal, as the price of a product falls, the quantity supplied decreases
Indicate whether the statement is true or false
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Which of the following will most likely result from a destruction of half of the Florida orange crop due to a hard freeze?
a. a decrease in the demand for oranges b. an increase in the supply of oranges c. an increase in the quantity of oranges bought and sold d. an increase in the price of oranges
Economics