Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tomatoes as off season and so price for tomatoes are up. Which law/principle in Economics explains it? a. Substitution effect b. Law of cause and

Tomatoes as off season and so price for tomatoes are up. Which law/principle in Economics explains it? a. Substitution effect b. Law of cause and effect c. Principle of marginal utility d. Law of supply and demand 31. Which explains GNP? a. The total value in pesos of goods and services produced during the year. b. The total value in pesos of goods produced during the year. c. The total value in pesos of services produced during the year. d. The total value in pesos of goods and services produced for 2 quarters. 32. Which term refers to social aspects of sex or to socially defined roles and expectations that are associated with sex? a. Social differentiation b. Social class c. Gender d. Cultural context 33. Which does one portray when he thinks that what is foreign is best and that what is local is inferior? a. Xenocentrism b. Relativism c. Ethnocentrism d. Favoritism

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

7th edition

134738314, 9780134738116 , 978-0134738321

More Books

Students also viewed these Economics questions

Question

=+c) What were the treatments? Chapter Exercises

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago