Real income is synonymous with: a. buying power. b. deferred spending. c. recession wages. d. ...

Author Question: Real income is synonymous with: a. buying power. b. deferred spending. c. recession wages. d. ... (Read 59 times)

drink

Hero Member
Posts: 554

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

Sr. Member
Posts: 342

Reply #1 on: Jun 18, 2018

Answer to Question 1

A

Answer to Question 2

B

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drink

Hero Member
Posts: 554

Reply #2 on: Jun 18, 2018

Thank you

Bison

Sr. Member
Posts: 342

Reply #3 on: Jun 18, 2018

No problem

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