Purchase Solution

Indifference curves and government economic activity

Not what you're looking for?

Ask Custom Question

Indifference curves can intersect if
A. the consumer is poorly educated
B. the two goods are high priced
C. the consumer's income is very low
D. all of thee above
E. none of the above

if the expected return from an investment is plotted along the vertical axis and the riskiness of the investment is plotted along the horizontal axis, the indifference curve of the investor will be positively sloped if
A. the investor doesn't care what rate of return he or she receives
B. the investor doesn't care how risky an investment is
C. the investor prefers a more risky to a less risky investment, when the expected rate of return is held constant
D. all of the above
E. none of the above

the use of government purchases, transfer payments, taxes and borrowing to influence aggregate economic activity such as inflation, employment, and economic growth is called
A. monetary policy
B. fiscal policy
C. cross dollar exchange
D. all of the above

Purchase this Solution

Solution Summary

This post discusses indifference curves and government economic activity such as taxes and transfer payments

Solution Preview

indifference curves can intersect if
A. the consumer is poorly educated
B. the two goods are high priced
C. the consumerĂ¢??s income is very low
D. all of thee above
E. none of the above
Answer: None of these.
An investor's indifference curves are parallel, and thus cannot intersect and have ...

Purchase this Solution


Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Introduction to Finance

This quiz test introductory finance topics.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.