Refer to Table 10-1. What is Keegan's optimal consumption bundle?
A) 5 pita wraps and 0 bubble teas B) 3 pita wraps and 4 bubble teas
C) 3 pita wraps and 3 bubble teas D) 4 pita wraps and 2 bubble teas
B
You might also like to view...
Discuss the effects of government deficits on the current account
What will be an ideal response?
Leakages in the circular flow model are
A) caused by people not acting rational. B) possible when unemployment exists. C) reflected in the vertical long-run aggregate supply curve. D) caused by people saving instead of spending.
Indirect stock ownership means that a person
a. buys stocks through a stockbroker b. puts money into financial intermediaries that buy stocks c. has a friend buy stocks so that the IRS won't know about it d. puts money into a partnership rather than a corporation e. buys bonds instead of stocks when the interest rate is high
An economist who studies the sales and profits of a large corporation would be classified as a(n)
a. macroeconomist. b. equity analyst. c. stock broker. d. microeconomist. e. social economist.