The preferences of the representative consumer over consumption and leisure are represented by use of a
A) production function.
B) utility function.
C) benefit function.
D) preference function.
Question 2
The credit spread refers to ________.
A) the extent to which financial instruments are distributed among households at different income levels in a given society
B) the difference between the London Inter-Bank Offered Rate (LIBOR) and the fed funds rate
C) the price elasticity of household debt
D) the interest-rate differential between risky bonds and U.S. Treasury bonds
Representative Light Curves of Eclipsing Binaries
The Scopes Trial: William Jennings Bryan (right) represented the state of Tennessee, and Clarence Da
Globalized Consumption
Industrialized nations consumption
Canada Total Energy Consumption by Fuel Type
A representative karyotype and a photograph of a child