Consumers' preferences are represented by

A) budget lines.
B) indifference curves.
C) relative prices.
D) household income.

B

Economics

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"Crowding out" will ____ expansionary fiscal policy because it results in ____

a. weaken; a depreciated value of the dollar b. strengthen; reduced imports c. weaken; increased interest rates d. strengthen; increased tax revenues

Economics

What is one reason online prices might be considerably lower than brick-and-mortar prices?

A) Online retailers engage in more price discrimination. B) Brick-and-mortar retailers engage in more price discrimination. C) Brick and mortar retailers may have higher costs. D) Online retailers are more likely to have steep demand curves.

Economics