Households now produce ____for themselves and demand _____ from the market.
A) more; less
B) less; more
C) more; the same as before
D) the same as before; less
E) the same as before; the same as before
Correct Answer:
Verified
Q3: A good or service has utility if
Q4: If real wage decreases, the opportunity cost
Q5: Which of the following is one of
Q6: A household consists of _
A) a single-family
Q7: One explanation for the change in the
Q9: Households act as demanders when they demand
Q10: A household consists of _
A) a house.
B)
Q11: Economists assume that people try to maximize
Q12: What gets produced in a market economy
Q13: The change in the labor force participation
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