Refer to the given data. When plotted on a graph, the vertical intercept of the consumption schedule in economy (3) is _____ and the slope is _____.
Answer the question on the basis of the following consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures are in billions of dollars.
A. minus $2; .9
B. $2; .18
C. $100; .5
D. $2; .9
D. $2; .9
Economics
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Public choice theory predicts candidates will
A) speak in specific instead of general terms. B) modify their positions to become more like their opponent, if polls show they are not doing as well as their opponent. C) call themselves right-wingers or left-wingers, not middle-of-the-roaders. D) label their opponents as too middle-of-the-road. E) all of the above
Economics
Which of the following provides the foundation of the case for free trade?
What will be an ideal response?
Economics