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Author Question: Which of the following is TRUE of incentives? A) Different people are motivated by different ... (Read 109 times)

oliviahorn72

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Which of the following is TRUE of incentives?
 
  A) Different people are motivated by different incentives.
  B) Money is the only measure of incentives.
  C) All of the people in a particular nation are motivated by the same incentives.
  D) In economics, people are assumed to respond to disincentives instead of incentives.

Question 2

For a demand schedule, which of the following is held constant?
 
  A) relative prices
  B) quantity demanded
  C) quality of the good
  D) nominal prices



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katara

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Answer to Question 1

A

Answer to Question 2

C




katara

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