Marginal utility is equal to
A. total utility multiplied by quantity consumed.
B. change in total utility multiplied by change in quantity consumed.
C. change in total utility divided by change in quantity consumed.
D. total utility divided by quantity consumed.
Answer: C
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The practice of spreading one's wealth over a variety of different financial investments in order to reduce overall risk is called:
A. diversification. B. following the risk premium. C. allocation. D. risk reservation.
Use the figure below: 
If good skiing costs $100 per day and horseback riding costs $50 per day, if you have $250 to spend which indifference curve would maximize your utility?
A. Curve A B. Curve B C. Curve C D. None of these curves
In the above table, the private sector has a
A) surplus of $300 billion. B) deficit of $300 billion. C) deficit of $200 billion. D) deficit of $400 billion.
Which of the following provides a measure of the overall fit of a regression?
A. The t-statistic and the P-value B. P-value C. t-statistic D. F-statistic