Disposable income is not:
A. the amount consumers have to spend on goods and services.
B. income before tax.
C. what consumers base their buying decisions on.
D. total income minus taxes.
Answer: B
Economics
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Refer to Figure 7-2. Without the tariff in place, the United States consumes
A) 12 million pounds of coffee. B) 26 million pounds of coffee. C) 33 million pounds of coffee. D) 45 million pounds of coffee.
Economics
As the time of delivery in a futures contract gets closer
A) the futures price gets closer to the spot price. B) the futures price generally rises further above the spot price. C) the futures price generally falls further below the spot price. D) the futures and spot prices remain the same as they were when the contract was first created.
Economics