« previous next »

Author Question: ________ in economics is a measure of satisfaction or happiness that comes from consuming a good or ... (Read 180 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
________ in economics is a measure of satisfaction or happiness that comes from consuming a good or service.
 
  A) Budget
  B) Utility
  C) Income effect
  D) Substitution effect

Question 2

When calculating GDP, purchases of used goods are
 
  A) included at the original price.
  B) included by taking the original price and subtracting the (current) used price.
  C) included at the (current) used price.
  D) not included.
  E) included at the original price minus any depreciation.


Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

“Bad,” “neutral,” and “good” mutations. “Bad,” “neutral,” and “good” mutations.
Thread pitch gauge used to measure the pitch of the thread. This bolt has 13 threads to the inch. Thread pitch gauge used to measure the pitch of the thread. This bolt has 13 threads to the inch.
To measure fuel-injector resistance, a technician constructed a short wiring harness with a double ... To measure fuel-injector resistance, a technician constructed a short wiring harness with a double ...
A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ... A partial stream sampling exhaust probe being used to measure exhaust gases in parts per million ...
Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
Find the measure of angle L to the nearest degree Find the measure of angle L to the nearest degree
Video: Simple and Double Sugar

For a complete list of videos, visit our video library