This topic contains a solution. Click here to go to the answer

Author Question: A positive rate of time preference means that a. time is relative to consumption b. consumption in ... (Read 97 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
A positive rate of time preference means that
 a. time is relative to consumption
  b. consumption in the future is more important than consumption today
  c. consumption today is valued less than consumption in the future
  d. consumption in the future is valued less than consumption today
  e. consumption in the future and consumption today are positively related

Question 2

Which of the following is not a problem with trade restrictions?
 a. the high cost of rent-seeking activities such as lobbying
  b. the high cost of enforcement
  c. the unintended effects on related industries
  d. the inability to save U.S. jobs in the short run in industries that compete with imports
  e. the possibility of retaliation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gstein359

  • Sr. Member
  • ****
  • Posts: 293
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

For a complete list of videos, visit our video library