This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: It is useful to assume that there is a single representative consumer because A) this is ... (Read 104 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
It is useful to assume that there is a single representative consumer because
 
  A) this is realistic.
  B) this is a useful abstraction if we are interested in problems where distribution effects are not important.
  C) this is the only model we know how to work with.
  D) a model with one consumer is the same as one with many consumers.

Question 2

The acquisition of a new physical asset by a foreign resident is called
 
  A) foreign direct investment.
  B) foreign capital investment.
  C) a portfolio inflow.
  D) a portfolio outflow.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


nelaaney

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 30, 2018
Correct answers!


macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Bacterial colonies, each derived from a single cell Bacterial colonies, each derived from a single c Bacterial colonies, each derived from a single cell Bacterial colonies, each derived from a single c
Traits With Single-Gene Dominant–Recessive Inheritance Traits With Single-Gene Dominant–Recessive Inheritance
To search for the Native American family would be fruitless. There are rural, urban, single-parent, ... To search for the Native American family would be fruitless. There are rural, urban, single-parent, ...
These photos show a rat burying a test object from which it has just received a single mild shock. These photos show a rat burying a test object from which it has just received a single mild shock.
#38.Genetically identical organisms derived from a single genetic source are #39 #38.Genetically identical organisms derived from a single genetic source are #39
Two examples of a single crossover between two nonsister chromatids Two examples of a single crossover between two nonsister chromatids
Video: Optic Nerve and Optic Disk Animation (Part 2 of 2)

For a complete list of videos, visit our video library