Author Question: Which of the following economic changes will decrease household expenditures? a. Population growth ... (Read 47 times)

bb

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Which of the following economic changes will decrease household expenditures?
 a. Population growth
  b. Lower income taxes
  c. An appreciation of the domestic currency
  d. Increased consumer confidence
  e. A higher domestic price level

Question 2

The determination of prices in the market for automobiles is primarily a concern of:
 a. positive economics.
 b. normative economics.
  c. microeconomics.
 d. macroeconomics.



meryzewe

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Answer to Question 1

e

Answer to Question 2

c



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