Which of the following is likeliest to have increased at point B?
a. real wealth
b. household debt
c. consumer spending
d. consumer confidence
b. household debt
Economics
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The indifference curves for left shoes and right shoes would most likely be
A) upward sloping and concave to the origin. B) downward sloping and convex to the origin. C) downward sloping and straight lines. D) L-shaped.
Economics
A study concludes that in DVCs rising incomes must first be achieved and only then will there be slower population growth. What view of DVC population growth would it be supporting?
A. Traditional view B. Peasant agriculture view C. The will-to-develop view D. Demographic transition view
Economics