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
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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