A. social class
B. occupation
C. lifestyle
D. personality
A. USA
B. Argentina
C. China
D. Cuba
A. there are no benefits to the public since a public good is not excludable
B. the benefits are infinite because a public good is not rival and an infinite amount of people can consume it at the same time
C. one can never place a value on human life or the environment
D. respondents to naires have little incentive to tell the truth.
A. Increasing employment
B. Increasing economic growth
C. Increasing government spending
D. Increasing the level of exports
A. income
B. income and wealth
C. wealth
D. wage and interest income
A. transitory income is a good measure of the distribution of living standards
B. none of these answers
C. permanent income is a good measure of the distribution of living standards.
D. life-cycle income is a good measure of the distribution of living standards.
E. current annual income is a good measure of the distribution of living standards.
A. higher real wages
B. lower fixed costs of working
C. lower non-labour income
D. changes in tastes between leisure and work
E. all of the above