Author Question: Which of the following is true of disposable income? a. It excludes transfer payments. b. It is the ... (Read 54 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
Which of the following is true of disposable income?
 a. It excludes transfer payments.
 b. It is the portion of income that is used solely for consumption.
 c. It is that part of total earned income that is paid to the government in the form of taxes.
  d. It is the difference between income and saving.
 e. It equals consumption expenditures plus saving.

Question 2

The M1 money supply consists of:
 a. only coins and currency held by the nonbank public.
 b. certificates of deposit only.
 c. coins and currency held by the nonbank public, checkable deposits, and traveler's checks.
  d. money market mutual fund accounts, savings accounts, and other miscellaneous near-monies.
  e. only paper currency.



AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

e

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library