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Author Question: Rational individuals prefer to consume goods during the current year rather than in the future ... (Read 70 times)

crobinson2013

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on: Jun 30, 2018
Rational individuals prefer to consume goods during the current year rather than in the future because of:
 a. positive time preference.
  b. positive consumption preference.
  c. high expected rate of inflation.
  d. high market rate of interest.

Question 2

If cameras and film have a cross elasticity of .985, they are complements
  Indicate whether the statement is true or false


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tdewitt

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

False


crobinson2013

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
Excellent

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