To be a successful entrepreneur requires willingness to

a. play it safe
b. borrow money
c. take risks
d. abandon your family

Ans: c. take risks

Economics

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Food in the pantry of a household is a resource

Indicate whether the statement is true or false

Economics

The three phases of consumption behavior—each identified by a different MPC—of Modigliani's life-cycle hypothesis are

a. young adults, middle age, and near or in retirement b. apprentice, skilled, professional c. staff, manager, senior manager d. agricultural, industrial, services e. urban, rural, international

Economics