John earns $2,000.His taxes are $250 and he spends $1,500.Therefore,his savings must be:
A) $1,500.
B) $500.
C) $250.
D) His savings cannot be calculated from the data given.
Correct Answer:
Verified
Q85: According to the table,when using the expenditure
Q86: What does M represent in the following
Q87: The expenditures approach to calculating GDP sums
Q88: Economists believe that changes in investment spending
Q91: GDP includes outputs produced _ but it
Q92: The _ is (are)equal to the total
Q94: GNP includes outputs produced _ but it
Q100: What component of U.S. GDP is usually
Q102: The _ let(s) economists judge our nation's
Q183: The largest component of GDP is
A) consumption
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