« previous next »

Author Question: If Gladys sells her 1998 Jeep Cherokee for 3,500 in 2016, the sale of her car contributes 3,500 to ... (Read 52 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
If Gladys sells her 1998 Jeep Cherokee for 3,500 in 2016, the sale of her car contributes 3,500 to 2016 GDP.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 10-8. Given the budget constraint in the diagram, which of the following statements is false?
 
  A) Consumption bundles b and c yield the same level of utility, which is higher than the utility represented by bundle a.
  B) The consumer's optimal bundle could be bundle d, e, or f.
  C) Although the consumer receives the same level of utility from bundles d and e, she cannot afford to purchase bundle d.
  D) The consumer receives the same level of utility from consumption bundles d, e, and f.


TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Brumbies awaiting their sale and new homes. Brumbies awaiting their sale and new homes.
Playing sedentary games contributes to the childhood obesity epidemic Playing sedentary games contributes to the childhood obesity epidemic
A 1998 false-colour near-infrared image of Uranus showing cloud bands, rings, and moons obtained by A 1998 false-colour near-infrared image of Uranus showing cloud bands, rings, and moons obtained by
Kreutz Sungrazers (SOHO-54 & 55) with prominent tails, as seen by SOHO on June 1 and 2, 1998. Kreutz Sungrazers (SOHO-54 & 55) with prominent tails, as seen by SOHO on June 1 and 2, 1998.
Mastering Biology Question Mastering Biology Question
Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016 Age-Standardized Suicide Rates (per 100 000 Population), Both Sexes, 2016
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library