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

Author Question: People generally view leisure a. as an inferior good b. as a normal good c. as a source of ... (Read 116 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
People generally view leisure
 a. as an inferior good
  b. as a normal good
  c. as a source of disutility
  d. as more valuable per unit the more they have of it
  e. as unrelated to utility maximization

Question 2

When an economy experiences strong economic growth,
 a. the number of families in the bottom 10 percent of the income distribution decreases
  b. the income of families in the bottom of the income distribution increases
  c. only the top of the income distribution is affected
  d. the accompanying inflation cancels out any change in income distribution
  e. the rich are no better off because taxes rise with income



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

B

Answer to Question 2

B




iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Excellent


helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library