Japan’s remarkable economic growth in the 20th century was a result of _____.

The marginal benefit of each additional unit of a good consumed

A) increases as more is consumed. B) is always equal to its marginal cost. C) decreases as more is consumed. D) will maximize consumer surplus. E) is equal to the deadweight loss if the unit of the good is not produced.

Suppose a country's debt rises by 6% and its GDP rises by 5%. What happens to the debt-GDP ratio?

A) It rises if there is a budget deficit that period. B) It falls. C) It rises. D) There is insufficient information to answer the question.