Author Question: The part of the disposable income that is not consumed by households is: a. given away in the form ... (Read 209 times)

123654777 · **on:** Jun 30, 2018

The part of the disposable income that is not consumed by households is:
a. given away in the form of taxes.
b. given away as charity.
c. saved.
d. deducted as a depreciation cost.
e. spent on imports.

Question 2

Why is prediction in social sciences like economics more difficult than in physical sciences?

kusterl · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

The major reason for the difference is that the social scientists are concerned with human behavior. Human behavior is more variable and often less readily predictable than the behavior of experiments observed in a laboratory.