Author Question: In order to study how changing price affects consumer decisions, we must assume all other factors, ... (Read 79 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
In order to study how changing price affects consumer decisions, we must assume all other factors, such as income and the prices of other goods are constant. This assumption is best know as
 
  A) rationality.
  B) ceteris paribus.
  C) normative economics.
  D) behavioral economics.

Question 2

Which of the following will NOT cause the public debt to change?
 
  A) collection by the government of 200 billion more in taxes than it spends
  B) government budget deficit
  C) government budget surplus
  D) balanced budget



Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library