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Author Question: Market income is defined as wages, interest, rent, and profit earned in factor markets plus cash ... (Read 114 times)

theo

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on: Jun 29, 2018
Market income is defined as wages, interest, rent, and profit earned in factor markets plus cash payments to households by the government.
 
  Indicate whether the statement is true or false

Question 2

The higher the price of the good measured on the vertical axis, other thing remaining the same, the flatter the budget line.
 
  Indicate whether the statement is true or false


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amandalm

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


theo

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

bbburns21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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