Disposable income can be defined as national product
a. minus federal and state taxes.
b. minus taxes plus transfers.
c. minus indirect taxes.
d. plus taxes plus transfers.
b
Economics
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Through its impact on the desired stock of housing, higher expected income would lead to ________
A) an increase in residential investment B) a decrease in expected house price appreciation C) a decrease in residential investment D) a decrease in single-family dwellings
Economics
A move from K to L represents a
A. change in quantity supplied.
B. change in supply.
C. increase in supply.
D. decrease in supply.
Economics