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Question
If expectations about future income change, there isA) no change in saving until income actually changes.
B) a decrease in saving if people expect income to increase in the future.
C) an increase in saving if people expect income to increase in the future.
D) a decrease saving if people expect income to decrease in the future.
E) a change in the quantity of loanable funds supplied and a movement along the supply of loanable funds curve.
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) How will health care be produced?
C) For whom will health care be produced?
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E) Must we offer health care?
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When unskilled teens earn less than college graduates, society answers the ________ question.
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Q:
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Q:
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Q:
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Q:
An independent relationship between two variables is shown in a graph by
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B) a horizontal or a vertical line.
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