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Other Fields Homework Help Economics Topic started by: asjstr on Apr 28, 2019



Title: Your employer pays for your cell phone. The monetary value of this cell phone payment is
Post by: asjstr on Apr 28, 2019

Question 1.

During 2016, Victorʹs consumption equals $30,000 and the change in his net worth is -$5,000. Victorʹs economic income for 2013 is



▸ $5,000.

▸ $25,000.

▸ $30,000.

▸ $35,000.

Question 2.

Your employer pays for your cell phone. The monetary value of this cell phone payment is



▸ included in your economic income, but not your money income.

▸ not included in your economic income, but included in your money income.

▸ not included in either economic income or money income.

▸ included in both economic and money income.


Title: Your employer pays for your cell phone. The monetary value of this cell phone payment is
Post by: Cass Stein on Apr 28, 2019
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Title: Your employer pays for your cell phone. The monetary value of this cell phone payment is
Post by: asjstr on Apr 28, 2019
Thanks