The above figure shows the marginal private benefit and marginal social cost of a college education. A $10,000 subsidy to colleges results in a college charging tuition of

The relationship between the level of saving and the level of consumption is called the savings function

Indicate whether the statement is true or false

When a bank sells capital stock (equity shares) in return for cash:

A. The capital stock increases the assets side and the cash increases the liabilities side B. The capital stock decreases the liabilities and the cash increases the assets side C. The capital stock increases the net worth and the cash increases the liabilities D. The capital stock increases the net worth and the cash increases the assets side