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Author Question: Personal saving a. equals national income less personal consumption expenditures. b. is personal ... (Read 222 times)

jasdeep_brar

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Personal saving
 
  a. equals national income less personal consumption expenditures.
  b. is personal disposable income minus consumption expenditures.
  c. is the value of stocks and bonds.
  d. equals personal income minus taxes.
  e. is personal disposable income less personal taxes.

Question 2

The positive slope of the per-worker production function illustrates the relationship between per-worker output and ________.
 
  A) diminishing marginal returns
  B) the capital-labor ratio
  C) the rate of inflation
  D) the rate of unemployment



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mirabriestensky

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Answer to Question 1

B

Answer to Question 2

B





 

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