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
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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