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Author Question: Other things equal, an increase in the consumer confidence index tends to raise the average ... (Read 61 times)

bb

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


bb

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  • Posts: 544
Reply 2 on: Jun 30, 2018
Gracias!

amandanbreshears

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Reply 3 on: Yesterday
Excellent

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