Saving is disposable personal income not spent on consumption

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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A syndicate is

A) a group of brokers illegally making use of insider information. B) a group of commercial banks that agrees to accept the checks of each other's depositors. C) a group of investment banks underwriting a large security issue. D) a group of dealers that markets a government bond issue.

Economics

According to new classical economists, the most appropriate policy during a recession would be for the government to

a. increase the minimum wage. b. impose wage and price controls. c. cut taxes and increase the budget deficit. d. do nothing.

Economics