As long as total utility is increasing, we know that marginal utility is
A. positive.
B. decreasing.
C. increasing.
D. negative.
A. positive.
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If the current account balance is $235 billion and U.S. official reserves increased by $35 billion, what is the official settlements account balance and the capital account balance?
What will be an ideal response?
Outstanding U.S. dollar-denominated travelers' checks issued by non-bank institutions are not counted as part of the M1 money supply
a. True b. False Indicate whether the statement is true or false
Economic growth can be seen by an outward shift of:
A. The Production Possibility Frontier B. The Gross Domestic Barrier C. The Marginal Consumption Frontier D. The Minimum Efficient Scale
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the short run would be:
A. P1 and Y2. B. P2 and Y3. C. P3 and Y1. D. P2 and Y2.