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Author Question: Which of the following factors is NOT part of the budget equation? A) relative prices B) real ... (Read 44 times)

fox

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Which of the following factors is NOT part of the budget equation?
 
  A) relative prices
  B) real income
  C) quantities of goods
  D) preferences

Question 2

If a worker is temporarily laid off because the economy is in a recession, frictional unemployment increases.
 
  Indicate whether the statement is true or false



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diesoon

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Answer to Question 1

D

Answer to Question 2

FALSE




fox

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Reply 2 on: Jun 29, 2018
Excellent


Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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