Top Posters
Since Sunday
New Topic  
nguyenduong67 nguyenduong67
wrote...
Posts: 1028
Rep: 0 0
6 years ago
The real-nominal principle states that
A) what matters to people is the purchasing power of money or income.
B) what matters to people is the face value of money or income.
C) people respond more to implicit costs than to explicit costs.
D) people respond more to explicit, or real, costs than to implicit costs.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 63 times
1 Reply
Replies
Answer verified by a subject expert
trumpetsoflifetrumpetsoflife
wrote...
Top Poster
Posts: 741
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nguyenduong67 Author
wrote...

6 years ago
This site is awesome
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1249 People Browsing
Related Images
  
 138
  
 304
  
 298
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 292

Previous poll results: How often do you eat-out per week?