Author Question: Real income is synonymous with: a. buying power. b. deferred spending. c. recession wages. d. ... (Read 22 times)

drink

  • Hero Member
  • *****
  • Posts: 554
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

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library