A change in consumer preferences will shift the budget line
a. True
b. False
Indicate whether the statement is true or false
False
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All consumption bundles along a given indifference curve are equally desirable
Indicate whether the statement is true or false
The standard of living in a nation depends on
A) how well its economy functions relative to other countries. B) the size of the country, with larger nations always doing better than smaller ones. C) how well the economy functions within that country. D) whether or not its currency is adopted as the world's monetary standard.
How did the pill make it easier for women to participate in the paid labor force?
A. By changing cultural attitudes toward women B. By reducing the rate of marriage and forcing women to work C. By giving women more control over when children were born D. By allowing women a means to have fewer children
When a change in the price level leads to a change in the quantity of net exports demanded, it is called the:
What will be an ideal response?