Personal saving
a. equals national income less personal consumption expenditures.
b. is personal disposable income minus consumption expenditures.
c. is the value of stocks and bonds.
d. equals personal income minus taxes.
e. is personal disposable income less personal taxes.
B
Economics
You might also like to view...
An innovation cycle could be caused by
a. a decreasing capital stock b. a sharp increase in national income c. a climatic change d. a sharp increase in the pace of technological change e. a decrease in the demand for housing
Economics
Refer to the graph shown. Which of the following curves demonstrates a perfectly inelastic demand curve?
A. A B. B C. C D. None of the curves
Economics