[Answered] Which of the following factors is NOT part of the budget equation? A) relative prices B) real ...

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fox

Hero Member
Posts: 540

on: Jun 29, 2018

Which of the following factors is NOT part of the budget equation?

A) relative prices
B) real income
C) quantities of goods
D) preferences

Question 2

If a worker is temporarily laid off because the economy is in a recession, frictional unemployment increases.

Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

diesoon

Sr. Member
Posts: 353

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

FALSE

fox

Member
Posts: 540

Reply 2 on: Jun 29, 2018

TYSM

irishcancer18

Member
Posts: 310

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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