Multiple Choice
If Alex deposits $1,000 from her paycheck into her checking account and, at the same time, increases her credit card balance by $1,500, then her saving is ________, and her wealth ________.
A) +$1,000; decreases by $500
B) +$500; decreases by $1,000
C) -$500; increases by $2,500
D) -$500; decreases by $500
Correct Answer:

Verified
Correct Answer:
Verified
Q70: Saving for protection against unexpected setbacks-such as
Q71: If government spending increases by $1 million
Q72: Holding other factors constant, a higher relative
Q73: The real rate of interest measures the
Q74: The excess of government spending over tax
Q76: Capital gains are:<br>A)increases in the flow of
Q77: Holding other factors constant, if terrorist attacks
Q78: As the real interest rate increases, the
Q79: Saving done for the purpose of leaving
Q80: Public saving is negative when:<br>A)there is a