The income that households have left after paying their taxes and paying for their consumption is known as _____

A curve that represents all combinations of market baskets that provide the same level of utility to a consumer is called:

A) a budget line. B) an isoquant. C) an indifference curve. D) a demand curve. E) none of the above

The Federal Reserve banks could probably have prevented many of the bank failures in the early 1930s by: a. raising the reserve requirement of the commercial banks

b. lending money to the commercial banks. c. improving the system whereby checks are cleared. d. helping to create a commission of experts to engage in a prolonged study of the problem. e. selling large amounts of government bonds.