In economics, the term marginal refers to:
A. the change or difference from a current situation.
B. man-made resources as opposed to natural resources.
C. the satisfaction a consumer receives from a good.
D. holding everything else constant in the analysis.
Answer: A
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Pigouvian taxation:
A. involves the use of taxes or fees to remedy negative externalities. B. involves the use of subsidies to remedy negative externalities. C. is a legal principle requiring a party who takes an action that harms others to compensate the affected parties for some or all of their losses. D. requires that victims of an externality pay a tax to the producers of the externality.
The demand for loanable funds is downward sloping because the ________ the interest rate, the ________ the number of profitable investment projects a firm can undertake, and the ________ the quantity demanded of loanable funds
A) greater; greater; greater B) lower; greater; greater C) greater; smaller; greater D) lower; smaller; greater
If the Fed raises the interest rate, this will ________ inflation and ________ real GDP in the short run
A) reduce; lower B) reduce; raise C) increase; raise D) increase; lower
Official Development Assistance must be
a. provided by any agency registered with the United Nations b. provided for any government-related purpose c. provided for development purposes, regardless of the terms on which it is provided d. provided for development purposes and with concessional terms e. all of the above