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Author Question: The expenditures of government-owned corporations with budgets separate from the government's budget ... (Read 108 times)

Tirant22

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on: Jul 1, 2018
The expenditures of government-owned corporations with budgets separate from the government's budget are called _____.
 
  a. on-budget expenditures
  b. off-budget expenditures
  c. quasi-budget expenditures
   d. private expenditures

Question 2

Max has allocated 100 toward meats for his barbecue. His budget line and indifference map are shown in the above figure. If Max is currently at point d,
 
  A) his MRS is larger than the trade-off offered by the market.
  B) he is willing to give up more chicken than he has to, given market prices.
  C) he is not maximizing his utility.
  D) All of the above.


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fdliggud

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

D


Tirant22

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

bdobbins

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Reply 3 on: Yesterday
Excellent

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