The above table has data from the nation of Atlantica. Based on these data, when disposal income equals $3.0 trillion,
A) dissavings equals $1.0 trillion.
B) savings equals $3.0 trillion.
C) dissavings equals $4.0 trillion.
D) savings equals $4.0 trillion.
E) savings equals $1. trillion.
A
Economics
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If there is a recessionary gap, the appropriate fiscal policy would be contractionary.
a. true b. false
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Why were the U.S. government budget deficits of the 1980s and early 1990s so unusual from a historical point of view?
A) It was the first time the U.S. government had ever run deficits. B) In the past, deficits were usually that large only in wartime. C) It was the first time that deficits were accompanied by very high rates of inflation. D) It was the first time that deficits diverted funds from other productive uses, such as investment in modern equipment.
Economics