This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The private sector surplus or deficit equals A) saving minus investment. B) net taxes minus ... (Read 131 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 29, 2018
The private sector surplus or deficit equals
 
  A) saving minus investment.
  B) net taxes minus government purchases.
  C) investment minus saving.
  D) government purchases minus net taxes.

Question 2

Steve has two goods he can spend his income on, skiing and skating, and his marginal utilities from each are in the table above. The price of each unit of skiing is 10 and the price of each unit of skating is 5. Steve has 40 to spend.
 
  What quantities of skiing and skating should Steve consume to maximize his utility? A) 4 units of skiing and 4 units of skating
  B) 2 units of skiing and 4 units of skating
  C) 1 unit of skiing and 2 units of skating
  D) 5 units of skiing and 5 units of skating


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jun 29, 2018
:D TYSM

smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

SpaceShipOne completed the first manned private spaceflight in 2004, reaching an altitude of 100.124 SpaceShipOne completed the first manned private spaceflight in 2004, reaching an altitude of 100.124
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Private practice setting. Private practice setting.
Private Practice Massage Therapy Business Plan Cont Private Practice Massage Therapy Business Plan Cont
Saving and Investment Rates of Industrialized Countries, 1960–1974 Saving and Investment Rates of Industrialized Countries, 1960–1974
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library