« 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 48 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?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive, A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive,
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.
Apparatus Used by Skaggs and McNaughton (1998) Apparatus Used by Skaggs and McNaughton (1998)
Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
Statistics Center (07/2016) Statistics Center (07/2016)
Tania Bruguera, Displacement. 1998–99. Tania Bruguera, Displacement. 1998–99.
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library