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.
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.
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
- The supply of loanable funds, or “national saving,” is<br/>equal to ____ A: income - consumption. B: income - consumption - taxes. C: income - consumption - government spending. D: income - consumption - government spending - taxes.
- Which of the following is not Investment banks' business A: Saving B: underwriting C: M&A consulting D: Trading
- Questions 11-13 are based on the following talk about the history of daylight saving time. According to the speaker, what was the effect of the Uniform Act of 1966 A: To standardize daylight saving time. B: To establish year-round daylight saving time. C: To abolish daylight saving time. D: To shorten daylight saving time.
- For years, doctors ________ millions of patients’ lives with the help of microscopes. A: have saved B: are saving C: will save D: are saving