When total utility is maximized, marginal utility will be
a) Positive
b) Zero
c) negative
d) negative then positive
b) Zero
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An increase in the interest rate would ________.
A. increase consumption B. decrease government purchases C. decrease investment D. increase net exports
A corporation's income is taxed
a. immediately after it is deposited in the bank. b. only before it is distributed to its owners. c. only after it is distributed to owners. d. both before and after it is distributed to owners.
Net exports are
A. exports minus debt. B. exports minus imports. C. exports minus marginal product. D. exports divided by population.
When net capital flows are positive,
A) net foreign investment is negative. B) capital inflows are greater than capital outflows. C) capital outflows are greater than capital inflows. D) A and B are both correct.