In the second circular-flow model of Chapter 2, households have two uses for their total income:
A) consumption and investment.
B) consumption and saving.
C) saving and investment.
D) saving and payment of taxes.
E) consumption and payment of taxes.
B
Economics
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Which of the following probably slowed NAFTA's effect on the wages of Mexican workers?
a. the Mexican peso crisis in which Mexico's currency fell greatly in value b. the reluctance of the U.S. government to allow guest workers c. the Iraq war d. so much illegal immigration
Economics
The CPI stands for
A) Citizens Paying Index. B) Corporate Pricing Index. C) Consumer Paying Index. D) Consumer Price Index. E) Corporate/Consumer Payment Index.
Economics