Author Question: The preferences of the representative consumer over consumption and leisure are represented by use ... (Read 59 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
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



joewallace

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library