Using indifference curve analysis, you can identify the point at which a consumer maximizes utility where the slope of the:

A. indifference curve is equal to the slope of the budget constraint.
B. indifference curve is greater than the slope of the budget constraint.
C. indifference curve is -1.
D. budget line is -1.

Answer: A

Economics

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The effect that a gift given to a U.S. citizen from a foreign resident will have on the balance of payments is to

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Economics