menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 1
  4. Exam
    Exam 21: Saving and Capital Formation
  5. Question
    If Alex Uses $800 from Her Checking Account to Pay
Solved

If Alex Uses $800 from Her Checking Account to Pay

Question 110

Question 110

Multiple Choice

If Alex uses $800 from her checking account to pay her credit card balance, her wealth:


A) increases by $800.
B) decreases by $800.
C) increases by $1,600.
D) does not change.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q105: Which of the following is a stock?<br>A)Saving<br>B)Income<br>C)Consumption<br>D)Wealth

Q106: The expected benefit of investment equals:<br>A)private saving.<br>B)the

Q107: Holding other factors constant, if the income

Q108: Net taxes equal the amount that the:<br>A)government

Q109: Chris earns $1,500 per week and spends

Q111: Saving by households and businesses is called

Q112: Which of the following is an example

Q113: The marginal product of new capital depends

Q114: If household saving decreases by $4 million,

Q115: Holding other factors constant, if a change

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines