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Author Question: Real income is synonymous with: a. buying power. b. deferred spending. c. recession wages. d. ... (Read 26 times)

drink

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on: Jun 18, 2018
Real income is synonymous with:
 
  a. buying power.
  b. deferred spending.
  c. recession wages.
  d. discretionary expenditures.

Question 2

If your income increases 20 in a year in which inflation is 10, your real income has
 
  a. increased 30.
  b. increased 10.
  c. decreased 30.
  d. decreased 10.


Bison

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Reply #1 on: Jun 18, 2018
Answer to Question 1

A

Answer to Question 2

B


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drink

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Reply #2 on: Jun 18, 2018
Thank you


Bison

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Reply #3 on: Jun 18, 2018
No problem :)


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