This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If Hong Kong continues to devote more resources to accumulating capital than the United States, Hong ... (Read 165 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
If Hong Kong continues to devote more resources to accumulating capital than the United States, Hong Kong will continue to grow more rapidly than the United States.
 
  Indicate whether the statement is true or false

Question 2

If Rachel is at her best affordable point, then ________.
 
  A) her marginal rate of substitution equals 1
  B) her marginal rate of substitution is maximized
  C) the relative price of the goods she buys equals the marginal rate of substitution
  D) she is indifferent among other points on her budget line


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


jeatrice

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
Excellent

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Median Age at First Marriage in the United States Median Age at First Marriage in the United States
In 2008, Barack Obama was elected president of the United States, the first minority to achieve this ... In 2008, Barack Obama was elected president of the United States, the first minority to achieve this ...
Power in the United States: The Model Proposed by C. Wright Mills Power in the United States: The Model Proposed by C. Wright Mills
States and territories that have adopted their own version of HAZWOPER for all workers are shown in ... States and territories that have adopted their own version of HAZWOPER for all workers are shown in ...
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
What's the Difference Between England, Great Britain, and United Kingdom? What's the Difference Between England, Great Britain, and United Kingdom?
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library