In 2010 the family mean income of householders aged 15-24 years was approximately
A) $11,000.
B) $21,000.
C) $31,000.
D) $41,000.
E) $51,000.
D
Economics
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Lauren has a savings account into which she puts money every month so she will eventually have enough for a down payment on a house. This is an example of which function of money?
a) Barter b) Medium of exchange c) Store of value d) Unit of account
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The fraction of a change in disposable income that is consumed is called _____
a. autonomous consumption b. induced consumption c. the multiplier d. the marginal propensity to consume e. the marginal propensity to save
Economics