An upward sloping indifference curve defined over two goods violates which of the following assumptions from the theory of consumer behavior?
A) transitivity.
B) preferences are complete.
C) more is preferred to less.
D) all of the above
E) none of the above
C
Economics
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The government borrows money to cover budget deficits by
A) purchasing bonds. B) petitioning the International Monetary Fund. C) selling bonds. D) filling out a loan application at Citibank.
Economics
All of the following are real quantities except the:
A. millions of computer chips shipped to computer makers. B. tons of steel shipped to South America. C. number of new cars produced in one year. D. billions of dollars invested in stocks.
Economics