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david fabos david fabos
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5 years ago

Question 1.

Holding everything else constant, the more wealth a household has



▸ the less it will consume, both now and in the future.

▸ the more it will consume now, but the less it will consume in the future.

▸ the less it will consume now, but the more it will consume in the future.

▸ the more it will consume, both now and in the future.

Question 2.

Which of the following is an example of nonlabor income?



▸ proprietors' income

▸ wages

▸ inheritance

▸ a month-pay bonus
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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all is normal
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jenniferagrethejenniferagrethe
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5 years ago
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