« previous next »

Author Question: Landon demands more sushi as his income increases. From this we can conclude that, for Landon A) ... (Read 94 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
Landon demands more sushi as his income increases. From this we can conclude that, for Landon
 
  A) sushi is a normal good. B) sushi is a substitute good.
  C) sushi is a complementary good. D) sushi is an inferior good.

Question 2

Taking some types of spending off budget means
 
  A) eliminating that spending.
  B) financing the spending by special one-time taxes.
  C) borrowing to finance it instead of using tax revenue.
  D) not counting that spending as part of the official budget.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Adolescent Diabetes

For a complete list of videos, visit our video library