Question: Mr and Mrs B earn a combined annual salary of

Mr. and Mrs. B earn a combined annual salary of $150,000. What two basic economic choices do they have with respect to this income (i.e., what can they do with their money)? Now assume that Mr. and Mrs. B own property worth $2 million. What three basic economic choices do they have with respect to this wealth?



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  • CreatedNovember 03, 2015
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