Author Question: Which of the following will change the slopes of your indifference curves between gasoline and movie ... (Read 76 times)

@Brianna17 · **on:** Jun 29, 2018

Which of the following will change the slopes of your indifference curves between gasoline and movie rentals?

A) a change in your preferences for either of the two goods
B) only a change in the price of either of the two goods
C) only a change in your income
D) Both a change in the price of either good and a change in income will change the slopes of your indifference curves.

Question 2

Other things remaining the same, the higher the current exchange rate, the larger is the expected profit from buying dollars.

Indicate whether the statement is true or false