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Author Question: Define wealth. What is the relationship between wealth and saving? What will be an ideal ... (Read 63 times)

tichca

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on: Jun 29, 2018
Define wealth. What is the relationship between wealth and saving?
 
  What will be an ideal response?

Question 2

Which of the following assertions about pollution is generally agreed with by economists?
 
  A) Pollution is never a problem because those who pollute and the victims of pollution can always bargain with one another and arrive at a suitable outcome.
  B) Due to the demand for products made by those who pollute, it is best to not restrict pollution.
  C) The problem we face in dealing with pollution is determining the optimal amount of pollution.
  D) The ideal amount of pollution is no pollution.


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bimper21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Wealth is the value of all the things that are owned. The amount of saving is added to wealth.

Answer to Question 2

C


tichca

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

carlsona147

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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