Author Question: There is substantial evidence that people base their consumption decisions more on their current ... (Read 88 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
There is substantial evidence that people base their consumption decisions more on their current income than on the average income they expect to receive over a long period of time.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Gross domestic product (GDP) does not reflect many things that individuals do for themselves.
 a. True
  b. False
  Indicate whether the statement is true or false



vish98

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

False

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library