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Author Question: People generally view leisure a. as an inferior good b. as a normal good c. as a source of ... (Read 63 times)

iveyjurea

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on: Jun 30, 2018
People generally view leisure
 a. as an inferior good
  b. as a normal good
  c. as a source of disutility
  d. as more valuable per unit the more they have of it
  e. as unrelated to utility maximization

Question 2

When an economy experiences strong economic growth,
 a. the number of families in the bottom 10 percent of the income distribution decreases
  b. the income of families in the bottom of the income distribution increases
  c. only the top of the income distribution is affected
  d. the accompanying inflation cancels out any change in income distribution
  e. the rich are no better off because taxes rise with income


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Ahernandez18

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

B

Answer to Question 2

B


iveyjurea

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  • Posts: 555
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

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  • Posts: 308
Reply 3 on: Yesterday
:D TYSM

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