Indifference curves show the ________ of combinations of two products.
A. marginal utility
B. secular utility
C. total utility
D. individual utility
Answer: C
Economics
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The Policy Trilemma states that a country or a monetary union can't pursue the following three policies at the same time
A) capital control, a fixed exchange rate, and an independent monetary policy. B) free capital mobility, a fixed exchange rate, and an independent monetary policy. C) free capital mobility, a flexible exchange rate, and an independent monetary policy. D) capital control, a flexible exchange rate, and an independent monetary policy.
Economics
During recessions natural real GDP
A) falls. B) increases. C) remains constant. D) A, B, or C do occur during any given recession.
Economics