Approximately what percentage of their income do U.S.households save?
A) 4 percent
B) 10 percent
C) 15 percent
D) 20 percent
E) 32 percent
Correct Answer:
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Q13: The following schedule shows the utility Mr.
Q14: In a market economy,firms decide what and
Q15: Utility is a measure of
A) output.
B) usefulness.
C)
Q16: The law of diminishing marginal utility implies
Q17: The following question are based on the
Q19: In a market economy,consumer purchases depend on
Q20: Approximately what percentage of their income do
Q21: This diagram shows hypothetical demand curves for
Q22: Short-run costs that do not change as
Q23: Opportunity cost is
A) the variable cost a
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