Author Question: _____ is the primary determinant of consumption and is usually measured in terms of current ... (Read 136 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
_____ is the primary determinant of consumption and is usually measured in terms of current disposable income.
 a. Household income
  b. Wealth
  c. Expectation
  d. Interest rate
  e. Tax liability

Question 2

A country has a comparative advantage in the production of DVD players if it can produce DVD players at a lower opportunity cost than others.
 a. True
  b. False
  Indicate whether the statement is true or false



babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

a

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

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?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library