« previous next »

Author Question: In a consumer-oriented economy, the decision to save in order to promote economic growth: a. means ... (Read 70 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
In a consumer-oriented economy, the decision to save in order to promote economic growth:
 a. means a sacrifice of current consumption in order to enhance future consumption.
  b. must be enforced by high levels of taxation.
 c. cannot be expected to benefit future generations.
 d. none of the above.

Question 2

Bob and Bill can make 16 toys each if they devote 8 working hours in a day. Further, Bob can repair 4 cars and Bill can repair 2 cars, if they devote 8 working hours in a day. What is the opportunity cost of repairing one car to Bill?
 a. 10 toys
  b. 8 toys
  c. 16 toys
  d. 12 toys
  e. 4 toys


lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Exponential growth in the Canadian migratory population of the whooping crane after 70 years of cons Exponential growth in the Canadian migratory population of the whooping crane after 70 years of cons
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Rate order question Rate order question
Video: Covalent bonds - role in the body

For a complete list of videos, visit our video library