Which of the following is not true about utility?
a. Utility varies from individual to individual
b. Marginal utility tends to decline, the more of a good or service is consumed.
c. When marginal utility is at its maximum, total utility is zero.
d. All of the above are true about utility.
d
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Which of the following is FALSE about the Highly Indebted Poor Countries initiative?
A) Most of the countries included are in sub-Saharan Africa. B) Countries qualify for debt relief partly based on their level of poverty. C) Countries do not have to have established a past track record of economic reform in order to qualify as long as they make future commitments. D) External debt levels must be high relative to exports in order to qualify.
If a racial group exhibits lower scores on IQ tests, this is evidence of their reduced intelligence
Indicate whether the statement is true or false