Lesley buys 6 cappuccinos per week when her income is $900 per week and buys 8 cappuccinos per week when her income is $1100 per week. For Lesley, cappuccinos are a(n) ________ good

A) normal B) luxury C) inferior D) essential E) substitute

A

Economics

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In order to correct the problems associated with external costs,

A) the signals given to the economy must change so that decision-makers will take into account all the costs of their actions. B) the government must take over production of industries that are responsible for most of the pollution. C) standards must be established that make it illegal to pollute. D) the prices of all goods must be raised so people will consume less of the world's resources.

Economics

Discouraged workers are discouraged because

A. they are working part-time, but they want full-time work. B. they don't have jobs and are pessimistic about their chances of finding a suitable job. C. their employers are too demanding. D. their employers continue to underpay them.

Economics