Which of the following would be considered part of income?
A. Wages and salaries
B. The value of a house
C. Corporate stock holdings
D. Money in a bank account
A. Wages and salaries
Economics
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Which of the following does not belong in the M2 category?
(A) Currency held in bank vaults. (B) Near money. (C) Money market mutual funds. (D) Deposits in savings.
Economics
The absolute value of the slope of the budget constraint is equal to
A) the quantity of the good on the vertical axis divided by the quantity of the good on the horizontal axis. B) the price of good on the horizontal axis divided by the price of the good on the vertical axis. C) the marginal rate of substitution between the two goods in question. D) the price of good on the vertical axis divided by the price of the good on the horizontal axis.
Economics