Author Question: Spending money on a new car instead of a used car when you are on a fixed budget is an example of ... (Read 49 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
Spending money on a new car instead of a used car when you are on a fixed budget is an example of
 
  A) a bad thing to do because you run out of money.
  B) living on the edge.
  C) the incursion of an opportunity cost.
  D) isolating variables.

Question 2

Which of the following statements best defines hyperinflation?
 
  A) It is a situation when the annual rate of inflation in an economy is between 20 to 50.
  B) It is a situation when the annual rate of inflation in an economy exceeds 50.
  C) It is a situation when the annual rate of inflation in an economy is between 10 to 20.
  D) It is a situation when the annual rate of inflation in an economy is between 0 to 10.


ynlevi

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

For a complete list of videos, visit our video library