Author Question: A friend says, I really, really need a new car. As an economist, you're thinking A) Right ... (Read 59 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
A friend says, I really, really need a new car. As an economist, you're thinking
 
  A) Right Everyone needs a new car.
  B) This is an example of how objectively undefinable needs are. Many would argue that this friend could get along just fine with a reliable used car.
  C) If this friend says she needs a new car, then we must all agree that a new car is a need and not just a want.
  D) that a new car can only be considered a need if at least 51 of the public agrees.

Question 2

All of the following are possible funding sources for the government EXCEPT
 
  A) user charges.
  B) taxes.
  C) interest income collected from government bonds.
  D) borrowing.



cloud

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library