If finding the last stamp to complete your collection makes you even happier than finding the first, then your
a. marginal utility is zero
b. marginal utility is negative
c. total utility is decreasing
d. total utility is constant
e. marginal utility is not diminishing
E
Economics
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The difference between the amount of capital at the beginning of a year and the amount of capital at the end of the year is equal to
A) financial consumption. B) gross investment. C) depreciation. D) capital consumption. E) net investment.
Economics
Refer to Table 18-8. The tax system is
A) regressive throughout all levels of income. B) progressive throughout all levels of income. C) progressive between $10,000 and $12,000 of income and regressive between $12,000 and $22,000. D) proportional throughout all levels of income.
Economics