Consumers most likely decide on their current consumption spending by looking at their short-run income prospects

a. True
b. False
Indicate whether the statement is true or false

False

Economics

You might also like to view...

The classic example of a detrimental externality is

a. education. b. pollution. c. discovery of an AIDS vaccine. d. Mrs. Lewis' prize-winning rose garden.

Economics

Menu costs will:

A. Increase the amount of training of workers B. Result in price wars between businesses C. Increase the legal minimum wage D. Make prices inflexible downward

Economics