Which of the following will cause an increase in current consumption?

A) an increase in current disposable income
B) an increase in financial wealth
C) an increase in human wealth
D) all of the above
E) both B and C

D

Economics

You might also like to view...

Suppose that when the price of hamburgers decreases, the Landry family decreases their purchases of chicken nuggets. To the Landry family

A) hamburgers and chicken nuggets are normal goods. B) hamburgers and chicken nuggets are inferior goods. C) hamburgers and chicken nuggets are substitutes. D) hamburgers and chicken nuggets are complements.

Economics

It will not benefit a seller to provide verifiable information to buyers about the seller's product

Indicate whether the statement is true or false

Economics