An orthodox model calls for cutting government spending, reforming the tax system to increase compliance and revenues, and limiting the creation of new money

The slope of an indifference curve is equal to the ratio of the ____ of the good on the horizontal axis to the ____ of the good on the vertical axis

a. marginal utility (MU); marginal utility (MU) b. total utility (TU); total utility (TU) c. marginal product (MP); marginal product (MP) d. price (P); total utility (TU)

Public goods have two distinct features: nonexclusiveness and nonrivalry

Indicate whether the statement is true or false