Americans generally spend over _______ of their income on consumption.

A. one-third
B. one-half
C. two-thirds
D. nine-tenths

D. nine-tenths

Economics

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The covered interest rate parity condition can be stated as follows: The interest rate on dollar deposits equals the interest rate on euro deposits ________ the forward ________ on euros against dollars

A) plus; premium B) minus; premium C) plus; discount D) minus; discount E) times; premium

Economics

The price elasticity of supply is a measure of the responsiveness of:

A. the change in price to the quantity supplied. B. the suppliers with respect to the change in price. C. the quantity supplied to the change in income. D. the quantity supplied to the changes in price.

Economics