AA is Al's indifference curve and BB is Betty's. Al and Betty have the same budget line, LL. This information implies that:
A. Al's demand for X is greater than Betty's.
B. Al's demand for Y is greater than Betty's.
C. Al and Betty have the same demand for both products.
D. Al will buy some of X, but Betty will not.
B. Al's demand for Y is greater than Betty's.
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This graph shows the marginal cost and marginal benefit associated with roadside litter clean up. Assume that the marginal benefit curve and marginal cost curve each have their usual slope. 
The socially optimal number of bags of litter removed from the roadside each day is:
A. 20. B. 15. C. 10. D. 30.
Janet calculated the GDP growth rates for France between 2012 and 2013. Using 2012 prices for both years, GDP increased 5 percent. Using 2013 prices for both years, GDP increased 1 percent
Hence the chained-price method will calculate that between these years, real GDP increased by A) 3 percent. B) 4 percent. C) 1 percent. D) 5 percent. E) 6 percent.
The legislation passed by Congress in 1890 to reduce the market power of large and powerful "trusts" was the
a. Morgan Act. b. Sherman Act. c. Clayton Act. d. 14th Amendment.
An indifference curve
A) must slope downward towards the right. B) is positively sloped. C) is upsloping and is concave to the origin. D) may be upsloping or downsloping, depending on whether the two products are complements or substitutes.