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
Body plan of a crustacean, as represented by a shrimp
World fossil fuel consumption since 1950
A sphere represented by means of modeling.
Structures of the ionized forms of some representative fatty acids (part 2)
Per capita consumption of power is high in the developed world and highest in the United States
Global energy consumption is rising rapidly