A consumer's indifference curve shows:
a. all the commodity bundles a consumer can afford
b. only commodity bundles that maximize utility.
c. the equilibrium commodity bundles.
d. various combinations of goods that yield the same level of total utility to this consumer.
d
Economics
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What will be an ideal response?
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All else the same, if a bank's liabilities are more sensitive to interest rate fluctuations than are its assets, then ________ in interest rates will ________ bank profits
A) an increase; increase B) an increase; reduce C) a decline; reduce D) a decline; not affect
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