I need help with my 12th grade economics (specifically macro-economics) homework!!! Please help!?

Answers:0   |   LastUpdateAt:2012-09-24 06:57:02  

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Megna
Asked at 2012-09-24 06:57:02
True or realize : Read each statement carefully and check whether it is true or false . If false , change the word in capital letters or words to make the statement true . MedlinePlus 1. Consumers are limited in what they can spend. MedlinePlus 2. A budget is balanced when planned expenditures are higher than expected revenue . MedlinePlus 3. There are two ways in which an individual may earn income : income from property and other goods and labor . MedlinePlus 4. Wages are earned income and are paid on a weekly or monthly basis . MedlinePlus 5. Consumer spending is the largest component of total spending in our economy . MedlinePlus 6. Liability insurance provides car owners with financial protection in case of theft , collision and similar misfortunes . MedlinePlus 7. Advertising seeks to increase the supply , rather than demand for a good or service. MedlinePlus 8. If the interest charged on a loan is 2 percent per month , your APR is 24 percent. MedlinePlus 9. Advertising benefits consumers by providing information on new products .
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