The portion of income that is not immediately spent on consumption of goods and services is:
A. savings.
B. consumption spending.
C. investment.
D. loanable funds.
A. savings.
Economics
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In product markets:
A. businesses sell resources to households. B. households sell products to business firms. C. businesses sell goods and services to households. D. households sell resources to business firms.
Economics
What is meant by holding all else equal? How is this concept used when discussing movements along the demand curve? How is this concept used when discussing movements along the supply curve?
What will be an ideal response?
Economics