One way to approach saving is to have a goal of building a(n) ______________ of three to six month's income

a. Emergency fund
b. Umbrella reserve
c. Quantity fund
d. Production/consumption reserve

A

Economics

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As illustrated in the above figure, after 40 gallons are produced each hour at Ike's Ice Cream Kitchen, the AVC curve starts to slope upward. The AVC starts to slope upward because the

A) MC curve slopes upward. B) MC exceeds the AVC. C) ATC curve has not yet reached its minimum. D) None of the above answers is correct.

Economics

Which of the following statements is true with regard to the Fed's response to the economic crisis of 2008?

a. Although the Fed lowered its interest rates to nearly zero, there are other actions it can take to improve the economy. b. Because the Fed lowered its interest rates to nearly zero, there are no other actions it can take to improve the economy. c. Since the Fed did not lower its interest rates to near zero, there are still other actions it can take to improve the economy. d. none of the above

Economics