Author Question: Which household characteristic has the largest effect on household income distribution? A) the ... (Read 87 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
Which household characteristic has the largest effect on household income distribution?
 
  A) the size of the household
  B) the age of householders
  C) the race of household members
  D) the level of educational attainment of household members

Question 2

In the above figure, if D2 is the original demand curve for a normal good and income decreases, which price and quantity might result?
 
  A) point a, with price P2 and quantity Q2
  B) point b, with price P1 and quantity Q1
  C) point c, with price P3 and quantity Q3
  D) point d, with price P1 and quantity Q3



nmyers

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library