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Author Question: The marginal rate of substitution A) is minus the slope of the indifference curve. B) can be ... (Read 73 times)

javeds

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The marginal rate of substitution
 
  A) is minus the slope of the indifference curve.
  B) can be computed by measuring the curvature of the indifference curve.
  C) cannot be deduced from the properties of the indifference curve.
  D) can only be computed if we know the prices of all goods.

Question 2

An interest rate spread is
 
  A) the difference between long-term and short-term interest rates.
  B) the difference between nominal and real interest rates.
  C) the difference between lending and borrowing interest rates.
  D) the difference between public and commercial interest rates.



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nothere

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Answer to Question 1

A

Answer to Question 2

C




javeds

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Reply 2 on: Jun 30, 2018
:D TYSM


scikid

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

 

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