If Sally maximizes her total utility by allocating time between two different activities, she will select the combination at which the marginal utility per hour spent is the same in both activities

a. True
b. False


A

Economics

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Most migrants move from developing to developed nations

Indicate whether the statement is true or false

Economics

A profit-maximizing firm will never increase production if doing so causes total revenue to decrease

a. True b. False

Economics

Which of the following central bank policies will raise the money supply?

a. Raising the discount rate. b. Buying government securities. c. Selling foreign currency in the foreign exchange market. d. Raising the reserve ratio. e. None of the above.

Economics

The percentage of the population whose family income falls below an absolute level is call the

Economics