A consumer is a lender if
A) optimum current consumption is less than current disposable income.
B) optimum current consumption is greater than current disposable income.
C) current disposable income is greater than future disposable income.
D) the consumer's indifference curves are relatively flat.
A
Economics
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In the United States for people age 16 to 24, the typical woman earns about ________ of what the typical man earns
A) 90% B) 80% C) 70% D) 50%
Economics
In the above figure, if the market price rises from $100 to $125 per ton of wheat, then producer surplus
A) decreases. B) does not change. C) increases. D) might increase, decrease, or not change depending on how the demand curve for wheat shifts.
Economics