The income that is available to individuals for consumption or investment is called disposable income

a. True
b. False
Indicate whether the statement is true or false

False

Economics

You might also like to view...

When a firm increased its output by one unit, its AC decreased. This implies that

A) MC < AC. B) MC = AC. C) MC < AFC. D) the law of diminishing returns has not yet taken effect.

Economics

Potential Pitfalls When Using Scientific Thinking

What will be an ideal response?

Economics