A household that spends less than it receives in income during a given period is:
A) running a surplus
B) investing
C) saving
D) receiving transfer payments
Correct Answer:
Verified
Q6: To distinguish between nominal and real figures
Q7: The labour force is the:
A) number of
Q8: The period in the business cycle from
Q9: Which of the following is not regarded
Q10: Potential economic growth is:
A) the percentage annual
Q12: The diagram that shows how the four
Q13: Aggregate demand is comprised of:
A) C +
Q14: The annual average rate of economic growth
Q15: Gross domestic product measured in current dollars
Q16: Inflation is:
A) an increase in the overall
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents