Which national income account should be examined to discover trends in the after-tax income that people have to save and spend?

When costs spill over to third parties, there is a(n)

A) cost overrun. B) excessive competition. C) negative externality. D) government subsidy.

The type of currency in circulation in the modern U.S. economy is almost entirely

a. commodity money. b. metallic money. c. fiat money. d. silver certificates.