In the one period budget constraint the uses of funds include:
A) purchases of consumption goods.
B) purchases of capital goods.
C) purchases of bonds.
D) all of the above.
Correct Answer:
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Q21: An income effect is the response of
Q22: An increase in the interest rate:
A)makes future
Q23: In the one period budget constraint the
Q24: The measure used to reduce future consumption
Q25: Utility in economics is:
A)a product with a
Q27: An increase in the interest rate:
A)makes consumption
Q28: An increase in the interest rate:
A)makes future
Q29: If a household consumes one less unit
Q30: The present value of sources of funds
Q31: In the one period budget constraint sources
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