The law of diminishing marginal utility is the principle that the marginal utility curve ____ as people consume more of a product in a given period

What is destabilizing speculation? What role did it play in the collapse of the Bretton Woods system?

What will be an ideal response?

Equations for C, I, G, and NX are given below. If the equilibrium level of GDP is $32,000, what will the new equilibrium level of GDP be if government spending increases to 2,500?

C = 5,000 + (MPC)Y I = 1,500 G = 2,000 NX = -500 A) $32,500 B) $34,000 C) $38,000 D) $42,000