With an increase in income, the consumer will maximize utility on a new indifference curve that represents a higher level of utility

If the required reserve ratio is decreased from .2 to .1 the demand deposit expansion multiplier

A) increases from 5 to 10. B) increases from 4 to 4.5. C) decreases from 5 to 2.5. D) decreases from 2 to 1.

Under the pollution rights approach, polluters have little or no incentive to develop improved pollution abatement technologies

a. True b. False Indicate whether the statement is true or false