A curve/line that shows combinations of goods among which a consumer would not desire one combination of goods to another combination of goods on that curve/line is called
A) a budget line.
B) an indifference curve.
C) a utility possibilities curve.
D) a demand curve.
B
Economics
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The supply curve of reserves is:
A) downward sloping. B) vertical. C) upward sloping. D) horizontal.
Economics
Nominal interest rates are the
A) interest rates quoted in the market. B) real interest rates less the inflation rate. C) interest rates quoted in the market minus the inflation rate. D) interest rates quoted in the market plus the expected inflation rate.
Economics