Business, 11.02.2020 22:28 kgonzalez200061
In macroeconomic analysis, the representative consumer .a. is always a misleading fiction. b. denotes the consumer with the average amount of income. c. plays the role of a stand-in for all consumers in the economy. d. is the consumer who bargains with firms for all workers in the economy.
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Exhibit 34-1 country a country b good x 90 60 30 0 good ygood x good y 0 30 60 90 30 20 10 20 40 60 refer to exhibit 34-1. considering the data, which of the following term to? a. 1 unit of y for 1 unit of x b. 1 unit of y for 0.75 units of x c. 1 unit of y for 0.25 units of x d. 1 unit of y for 1.50 units of x e. all of the above s of trade would both countries agree 8. it -
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In macroeconomic analysis, the representative consumer .a. is always a misleading fiction. b. denote...
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