Planned expenditures equal real disposable income
A) at every point on the saving function. B) at every point on the consumption function.
C) at every point on the 45-degree line. D) when saving equals zero.
C
Economics
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a. what landlords do b. looking for an apartment c. capturing the economic results of government-created scarcity d. all profit-making activity e. all of the above
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The marginal revenue product of labor
a. increases as more labor is hired b. is independent of the quantities of other inputs used by the firm c. is measured while varying the amounts of all inputs used by the firm d. is independent of the price of the firm's output e. depends on the quantities of other inputs used by the firm
Economics