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savings decrease
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∙ 13y ago
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What is true with regard to Syria's economy?
Primary source of income on oil.
Is it true for an economy as a whole. income equals expenditure because the income of the seller must be equal to the expenditure of the buyer?
Yes
Why an economy's income must equal to it's expenditure?
For an economy as a whole, income must equal expenditure because:u Every transaction has a buyer and a seller.u Every dollar of spending by some buyer is a dollar of income for some seller.
Why is Mexico's economy equal to the United States' economy?
This is only true for the economic system, which is a free market economy.The US is the largest economy in the world in terms of volume ($16.72 trillion) and 13th in income per capita ($52,800). Mexico is the 11th largest economy with a GDP of $1.85 trillion and 88th in income per capita ($15,600).
In a mixed economy some government involvement in the economy is evident true or false?
True.
A progressive tax means that as taxable income increases the percentage of income paid on taxes also increases?
True(Kaylop)
A progressive tax means that as taxable income increases the percentage of income paid on taxes also increases.?
True(Kaylop)
What is true with regard to Syria's economy?
Primary source of income on oil.
Is it true for an economy as a whole. income equals expenditure because the income of the seller must be equal to the expenditure of the buyer?
Yes
Income effect indicates that a lower price increases the purchasing power of a buyers money income enabling the buyer to purchase more of the product than before. True or False?
True
Why an economy's income must equal to it's expenditure?
For an economy as a whole, income must equal expenditure because:u Every transaction has a buyer and a seller.u Every dollar of spending by some buyer is a dollar of income for some seller.
Why is Mexico's economy equal to the United States' economy?
This is only true for the economic system, which is a free market economy.The US is the largest economy in the world in terms of volume ($16.72 trillion) and 13th in income per capita ($52,800). Mexico is the 11th largest economy with a GDP of $1.85 trillion and 88th in income per capita ($15,600).
Is it true that temperature increases the average kinetic energy increases?
Yes, that is true.
Is it true that air pressure increases as altitude increases?
No, in general the opposite is true.
Is it true air pressure increases as altitude increases?
No
When the temperature of a medium increases the speed of sound decreases true or false?
No it is not true. When the temperature of the medium increases the speed of sound in that medium increases.
In a mixed economy some government involvement in the economy is evident true or false?
True.
