A family's ability to buy goods and services depends largely on the family's
a. economic mobility.
b. place in the economic life cycle.
c. transitory income.
d. permanent income.
d
Economics
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According to the text, Ireland and Israel are classified as less developed countries (LDCs)
a. True b. False Indicate whether the statement is true or false
Economics
The increase in living standards of American workers over the past century is primarily due to
a. the success of labor unions. b. minimum-wage laws. c. improvements in productivity. d. None of the above are correct.
Economics
If a monopolist increases output from 14 to 15 by lowering its price from $32 to $31, marginal revenue is:
A. $465. B. $448. C. $17. D. $1.
Economics
Should regular saving be an item in your personal budget?
What will be an ideal response?
Economics