If a consumer is consuming a combination of goods and services on his budget line, has the consumer allocated his or her entire budget?
What will be an ideal response?
Yes, the consumer has allocated his or her entire budget because the consumer is spending his or her entire budget.
Economics
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All of the following countries come close to the free market benchmark except
A) Canada. B) Germany. C) North Korea. D) Singapore.
Economics
Union membership over the last five decades has
a. grown at the same rate as the labor force b. become much more attractive and has grown more rapidly than the labor force c. become much more attractive d. grown more rapidly than the labor force e. declined
Economics