Multiple Choice
Economists assume that the objective of households is to _____
A) maximize household wealth.
B) own as much land as possible.
C) save as much money as possible.
D) acquire as many goods as possible.
E) maximize utility.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: The overall U.S. balance of payments _<br>A)
Q4: Consider a system in which a person
Q5: Mark and Charles are roommates at college.
Q6: Which of the following best defines foreign
Q8: Nonprofit, or not-for-profit, firms<br>A)maximize revenue instead of
Q9: Which of the following is an example
Q10: Which of the following is true of
Q60: A group of farmers in southwestern Pennsylvania
Q92: Gasoline taxes illustrate the benefits-received principle of
Q124: The partnership is the least common form