Author Question: Consumption spending that is independent of the level of disposable income is known as: a. marginal ... (Read 24 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
Consumption spending that is independent of the level of disposable income is known as:
 a. marginal consumption.
  b. transitory consumption.
  c. permanent consumption.
  d. relative consumption.
  e. autonomous consumption.

Question 2

Rational voter ignorance occurs because the marginal cost of obtaining information is higher than the marginal benefit from obtaining the information.
 a. True
  b. False
  Indicate whether the statement is true or false



ryhom

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

e

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

For a complete list of videos, visit our video library