In the figure above, an increase in income would result in the budget line
A) making a parallel shift toward point a.
B) making a parallel shift toward point c.
C) becoming flatter.
D) becoming steeper.
B
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Differentiate between the two types of altruism
What will be an ideal response?
Depletable resource prices change over time depending on
A. how the technology of resource extraction changes. B. the prices of publicly traded stock. C. the number of countries that have nationalized production. D. the prices of substitutable renewable resources.
Leaders that use group ideas to make decisions
a. autocratic b. laissez-faire c. democratic d. trait
Suppose you hear an investor say "I just don't have time to research the companies of the stock I buy, so I trust that the market has taken everything into account in setting current prices and just buy a well-diversified portfolio." You would understand that person to believe in
A. prayer. B. guesswork. C. technical investing. D. efficient markets.