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Author Question: Other things equal, an increase in the consumer confidence index tends to raise the average ... (Read 64 times)

bb

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Other things equal, an increase in the consumer confidence index tends to raise the average propensity to consume.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The expression, There's no such thing as a free lunch implies that:
 a. everyone has to pay for his/her own lunch.
 b. the person consuming a good must always pay for it.
 c. costs must be incurred when resources are used to produce goods and services.
  d. no one has time for a good lunch anymore.



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Swizqar

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Answer to Question 1

True

Answer to Question 2

c




bb

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bitingbit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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