Important determinant of consumer spending
The most important determinant of consumer spending is:
A) the level of household debt.
B) consumer expectations.
C) the stock of wealth.
D) the level of income. #question..
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Problem of A firm production function 4x1/3 y1/3, Price of output is 1 and price of each input is 1. Constrained is to use 1000 units of input x.
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