Which of the following would not be included as part of personal income?
a. Welfare benefits
b. Food stamps distributed by the government
c. Social security benefits
d. Indirect business taxes
e. Corporate dividend payments to stockholders
d
Economics
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A contractionary monetary policy leads to higher interest rates that discourage consumer borrowing for big-ticket items, such as houses and cars
a. True b. False Indicate whether the statement is true or false
Economics
If a monopolist's marginal revenue is $25 and its marginal cost is $19, then the monopolist should:
A. raise its price. B. increase its output. C. decrease its output. D. leave its output and price unchanged.
Economics