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Author Question: We use indifference curves because A) households on average do not care. B) they help represent ... (Read 22 times)

james9437

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on: Jun 30, 2018
We use indifference curves because
 
  A) households on average do not care.
  B) they help represent preferences.
  C) households sometimes make mistakes.
  D) they formalize the production process.

Question 2

The difference between the interest rate on loans to households and firms and the rate on completely safe assets is known as ________.
 
  A) the discount rate
  B) the FICO score
  C) the credit spread
  D) the prime rate


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bassamabas

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


james9437

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tandmlomax84

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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