Disposable income is defined as

A) national income - transfers + taxes. B) national income + transfers + taxes.
C) national income + transfers - taxes. D) national income - transfers - taxes.

C

Economics

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In the above figure, the economy is initially at point B. If the exchange rate falls, there is

A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.

Economics

A separate average revenue curve is not required when you have the demand curve for a firm. Explain.

What will be an ideal response?

Economics