This topic contains a solution. Click here to go to the answer

Author Question: Market income is defined as wages, interest, rent, and profit earned in factor markets plus cash ... (Read 138 times)

theo

  • Hero Member
  • *****
  • Posts: 698
Market income is defined as wages, interest, rent, and profit earned in factor markets plus cash payments to households by the government.
 
  Indicate whether the statement is true or false

Question 2

The higher the price of the good measured on the vertical axis, other thing remaining the same, the flatter the budget line.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandalm

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

FALSE

Answer to Question 2

TRUE




theo

  • Member
  • Posts: 698
Reply 2 on: Jun 29, 2018
Excellent


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

For a complete list of videos, visit our video library