This topic contains a solution. Click here to go to the answer

Author Question: Other things equal, an increase in the consumer confidence index tends to raise the average ... (Read 62 times)

bb

  • Hero Member
  • *****
  • Posts: 544
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

True

Answer to Question 2

c




bb

  • Member
  • Posts: 544
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

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?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library