If Eric expects to earn more income next month, he may choose to
a. save more now and spend less of his current income on goods and services.
b. save less now and spend more of his current income on goods and services.
c. decrease his current demand for goods and services.
d. decrease his current demand for goods and services.
Question 2
If the profit effect and misperception effect existed in both the short run and the long run, then SRAS is ____ and LRAS is ____.
a. upward sloping; upward sloping
b. upward sloping: vertical
c. vertical; upward sloping
d. vertical; vertical
The risk of dying before the age of 65 gets lower as family income gets higher.
Distribution of the Income of Americans
The More Things Change, The More They Say the Same: Dividing the Nation's Income
At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...