When an economist points out that you and millions of other people are interdependent, he or she is referring?

Question

When an economist points out that you and millions of other people are interdependent, he or she is referring to the fact that we all


a. rely upon government to provide us with the basic necessities of life.
b. rely upon one another for the goods and services we all consume.
c. have similar tastes and abilities.
d. are concerned about one another’s well-being.

Answer 1

B.

Answer 2

The traditional answer is B. If I get a raise, I will spend it on several things, which will then lead to more income to many other individuals as well.

But, D is also correct. Why have millions of people from all over the world sent money to Katrina victims, if they did not feel interconnected???

Answer 3

The answer is B of course, but this interdependence only exists because it benefits huge multinational companies like Walmart who have purchased it from the government with bribes.