When an individual spends more than her/his disposable income, this person is
A) saving.
B) investing.
C) dissaving.
D) unemployed.
Answer: C) dissaving.
Economics
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The price per unit times the total quantity sold is
A) average revenue. B) marginal revenue. C) total revenue. D) price revenue.
Economics
National Bank has $1 million in deposits, $200,000 in its reserves, and a required reserve ratio of 14 percent. National Bank has ______ available to lend to borrowers.
a. $140,000 b. $860,000 c. $60,000 d. $28,000
Economics