International evidence on the relationship of per capita income and the saving rate suggests that ________
A) a high level of income per person requires a high saving rate
B) a high saving rate guarantees a high level of income per person
C) a high saving rate might result in a high level of income per person
D) a high saving rate requires a high level of income per person
C
Economics
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A consumer's real disposable income equals
A) wage income plus consumption expenditures. B) wage income plus profit income minus taxes. C) total income minus profit income minus taxes. D) total income minus wage income minus taxes.
Economics
Exhibit 3-4 Supply curves
In Exhibit 3-4, a shift in the supply curve from S1 to S2 represents a(n):
A. decrease in supply. B. decrease in the quantity supplied. C. increase in supply. D. increase in the quantity supplied.
Economics