Author Question: A person's wealth A) is measured independent of his or her current and expected future income. ... (Read 203 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
A person's wealth
 
  A) is measured independent of his or her current and expected future income.
  B) is a measure of how much money the person has.
  C) equals the value the person's assets minus his or her liabilities.
  D) All of the above are correct.

Question 2

Which of the following would cause an increase in the equilibrium price and decrease in the equilibrium quantity of watermelon?
 
  A) an increase in demand and an increase in supply greater than the increase in demand
  B) a decrease in supply
  C) an increase in demand and an increase in supply
  D) a decrease in demand and an increase in supply



lin77x

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library