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

Author Question: Indifference curves tend to be convex because ________. A) they are bowed inwards toward the ... (Read 99 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Indifference curves tend to be convex because ________.
 
  A) they are bowed inwards toward the origin
  B) consumers dislike large fluctuations in consumption from one period to the next
  C) of the gap between real and nominal interest rates
  D) the marginal rate of substitution exceeds the price effect

Question 2

The classical dichotomy states that
 
  A) money is superneutral.
  B) goods markets are separated from labor markets.
  C) demand is separate from supply.
  D) real markets determine nominal outcomes, not the reverse.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


809779

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Correct answers!


31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Head shot, showing convex profile Head shot, showing convex profile
Linked alleles tend to be inherited together Linked alleles tend to be inherited together
2 Several oxygen-binding curves: for normal hemoglobin 2 Several oxygen-binding curves: for normal hemoglobin
Supernova Light Curves Supernova Light Curves
Cooperative vs. noncooperative O2-binding curves Cooperative vs. noncooperative O2-binding curves
Two Kinds of Forgetting Curves Two Kinds of Forgetting Curves
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library