
A household may consist of
A) Related family members occupying a unit of housing
B) Unrelated individuals occupying a unit of housing
C) Two college students sharing an apartment
D) A family of three living in a two bedroom house
E) All of these
Correct Answer:
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Q5: For clarity, economists usually group individual buyers
Q6: In economics, one or more persons who
Q7: A householder is defined as:
A) The group
Q8: Macroeconomists tend to focus on
A) the operations
Q9: A household is defined as
A) families of
Q11: Which of the following best characterizes a
Q12: What is a median?
A) An average
B) The
Q13: Which of the following constitutes a household?
A)
Q14: The largest component of total spending in
Q15: A household is defined as
A) a person,
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