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Question and answer
Q: Income not used for consumption is: A. savings B. spending C. donations D. none of the above
A: Income not used for consumption is savings.
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Original conversation
User: Income not used for consumption is: A. savings B. spending C. donations D. none of the above

Weegy: Income not used for consumption is savings.
wisbest|Points 2622|

User: A consumer’s desire to buy something and the ability to pay for it is called: A. supply B. demand C. law of diminishing returns D. economic desire

User: The Federal Reserve System is overseen by the seven-member: A. Vice-President B. The Central Bank C. Board of Governors D. Congress

Weegy: The Federal Reserve System is a U.S. federal banking system that is under the control of a central board of governors (Federal Reserve Board) with a central bank (Federal Reserve Bank) in each of 12 districts and that has wide powers in controlling
scijoe21|Points 2275|

User: A public good is an example of a: A. market failure B. monopoly C. charity D. none of the above

User: The time it takes for monetary or fiscal policy to become effective is the: A. outside lag B. inside lag C. policy lag D. none of the above

Weegy: B)inside lag is a delay in implementing monetary policy.
cheesy82|Points 60|

User: A market failure occurs when a free market is unable to A. distribute resources efficiently. B. provide open opportunity C. meet government regulations. D. encourage innovation.

Weegy: A market failure occurs when a free market is unable to A. distribute resources efficiently
destiny_child|Points 44|

User: Which of the following is physical capital? A. a college degree B. a factory building C. learning to sew D. playing the violin

Weegy: B. A factory building is physical capital.
debnjerry|Points 48079|

User: The most desirable alternative given up as a result of a decision is the: A. opportunity cost B. investment cost C. substitution cost D. none of the above

User: When demand does not change much after a price change, demand is: A. elastic B. variable C. inelastic D. static

Weegy: Is demand for tea elastic or inelastic?Answer: D. Demand for tea is inelastic because there are no available substitutes for tea.
Niki44|Points 12|

User: What is the role of the Federal Open Market Committee? A. It appoints the Fed Board of Governors. B. It oversees the entire Federal Reserve System. C. It redraws the map of the Federal districts every ten years. D. It makes key decisions about the U.S. money supply.

Weegy: D. It makes key decisions about the U.S. money supply.
thewolf010|Points 1160|

User: Real GDP divided by the total population is: A. real GDP per capita B. fixed GDP C. capita per real GDP D. normalized GDP

Weegy: Real GDP divided is C. real GDP per capita
MrG|Points 4179|

User: What is an important characteristic of the M1 money supply? A. liquidity B. durability C. flexibility D. solidity

Weegy: A. Liquidity is an important characteristic of the M1 Money supply.
LindsayBrooke|Points 175|

User: The theory that learning increases the efficiency of production is called the: A. learning curve B. learning effect C. education cost D. none of the above

User: Why is the equilibrium wage higher for doctors than for convenience store clerks? A. The demand for convenience store clerks is equal to the demand for doctors. B. Supply of doctors is relatively low, and the demand is relatively high. C. The demand for convenience store clerks is low, but supply is low, too. D. Supply of doctors is relatively high and the demand is relatively low.

Weegy: B. Supply of doctors is relatively low, and the demand is relatively high.
sipichapie|Points 4915|

User: Which of the following is a product that is considered a commodity? A. new automobiles B. low-grade gasoline C. wrapping paper D. apple candy

Weegy: B. low-grade gasoline.
dennis003|Points 1030|

User: Thomas Friedman compared the new globalized economy to a sprint that competitors must run over and over again. What did he mean by this? A. People will need to reinvent the same products over and over. B. Companies will have to travel farther and faster than ever before. C. The future world economy will be very fast-paced. D. To be competitive, companies must continue to be innovative.

Weegy: D. To be competitive, companies must continue to be innovative.
patrick_hustla|Points 890|

User: Replacing a good with a similar good because of a change in prices is an example of the: A. substitution effect B. supply and demand C. price rationalizing D. none of the above

Weegy: Replacing a good with a similar good because of a change in prices is an example of the: A. substitution effect
talis1982|Points 41|

User: Which of the following is the best example of a public good? A. a highway system B. a shopping mall C. a country club D. a movie theater

Weegy: A.) highway system
stickman|Points 6262|

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Asked 6/25/2013 10:53:42 AM
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