A Week Is the Time Needed for

question 38

Multiple Choice

A week is the time needed for

• A) the sun to drift completely around the sky.
• B) the moon to drift completely around the sky.
• C) the earth to turn completely on its axis.
• D) None of the choices are correct.

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Definitions:

Manufacturing Firms

Companies engaged in the industrial process of converting raw materials into finished products through human labor and machinery.

Disposable Income

The disposable income households have for expenditures and savings, post-income taxation.

C + I

A formula component in macroeconomics representing total private consumption (C) plus total private investment (I).

MPS

The marginal propensity to save, which is the fraction of an additional unit of income that is saved rather than spent.