Refer to the graph shown.Assuming a consumer has $5 to spend, if a soda costs $0.25 and a chocolate bar costs $0.50, the consumer will optimally choose to consume:

A. 0 cans of soda and 10 chocolate bars.
B. at point A.
C. at point B.
D. 20 cans of soda and 0 chocolate bars.


Answer: B

Economics

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How might fiscal policy be used to correct an inflationary gap?

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Marginally attached workers are people who are

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Economics

Bank depositors will not lose their deposits in a banking panic if:

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Economics