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Author Question: Leisure is a. subject to the law of diminishing marginal utility b. usually considered an inferior ... (Read 15 times)

cherise1989

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  • Posts: 555
on: Jun 30, 2018
Leisure is
 a. subject to the law of diminishing marginal utility
  b. usually considered an inferior good
  c. a complementary good with nonmarket work
  d. a complementary good with market work
  e. an irrational way to spend valuable time

Question 2

A problem with official U.S. poverty data is that they
 a. omit the rural poor
  b. do not account for inflation
  c. omit in-kind transfers such as food stamps
  d. do not reflect changes in the cost of living
  e. omit dividends and interest


jrpg123456

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

A

Answer to Question 2

C


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