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Author Question: An individual's level of utility is based on fulfillment of needs as opposed to wants. a. True b. ... (Read 55 times)

PhilipSeeMore

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on: Jun 30, 2018
An individual's level of utility is based on fulfillment of needs as opposed to wants.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following raises the economic freedom of a country?
 a. Limited international movement of productive resources
  b. Higher taxes
  c. Red-tapism and bureaucracy
  d. Reduction of trade barriers like tariffs and quotas
  e. Reduction of government subsidies on gasoline


Joy Chen

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


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PhilipSeeMore

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Reply #2 on: Jun 30, 2018
Thank you :)


Joy Chen

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Reply #3 on: Jun 30, 2018
Happy to help you


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