« previous next »

Author Question: Landon demands more sushi as his income increases. From this we can conclude that, for Landon A) ... (Read 50 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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Video: Introduction to Human Immunodeficiency Virus (HIV)

For a complete list of videos, visit our video library