The amount that households have accumulated out of past income through saving and inheritance is
A. present income.
B. consumption.
C. wealth.
D. future income.
Answer: C
Economics
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Which of the following is correct?
a. There is consensus among economists that unions are good for the economy. b. There is consensus among economists that unions are bad for the economy. c. There is consensus among economists that, on net, unions have almost no impact on macroeconomic variables. d. There is no consensus among economists about whether unions are good or bad for the economy.
Economics
When crowding out occurs, interest rates typically
A. fluctuate. B. remain constant. C. decrease. D. increase.
Economics