The supply of loanable funds, or “national saving,” is
equal to ____
A: income - consumption.
B: income - consumption - taxes.
C: income - consumption - government spending.
D: income - consumption - government spending - taxes.
equal to ____
A: income - consumption.
B: income - consumption - taxes.
C: income - consumption - government spending.
D: income - consumption - government spending - taxes.
举一反三
- Which of the following will NOT happen if the income tax rate (t) is increased? A: the expenditure multiplier and consumption will both decrease B: disposable income, saving, and consumption will all decrease C: consumption and income both will decrease, but saving will increase D: the full-employment budget surplus will increase E: autonomous spending will stay the same but national income will decrease
- a good (or service) whose consumption declines as income rises and increases as income decreases increase in income=decrease in consumption decrease in income=increase in consumption
- In an economy, the portion of household spending that occurs independent of household income is known as A: autonomous consumption. B: dissavings. C: the marginal propensity to consume. D: the consumption function.
- Assume that GDP = 9,400, consumption = 6,500, government purchases =<br/>1,600, private domestic saving = 1,100, and net exports = -200. Which<br/>of the following is true? ( ) A: gross private domestic investment = 1,100 B: disposable income = 7,600 C: government spending = 1,600 D: all of the above
- Which of the following is FALSE about saving? A: Saving adds to wealth. B: Income left after paying taxes can either be consumed or saved. C: Saving equals wealth minus consumption expenditures. D: Saving is the source of funds used to finance investment.