Based on the following graph, at point C,
The consumer's income is $600.
A. MRS is less than 2.5.
B. MRS is greater than 1.25.
C. MRS is greater than 2.
D. MRS is less than 0.4.
Answer: B
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When the money market is drawn with the value of money on the vertical axis, a decrease in the price level causes a
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