Liane maximizes her total utility when she allocates all of her available income such that the marginal utility per dollar spent on each good ________

A) is diminishing
B) is maximized
C) is the same
D) is increasing

C

Economics

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If the government spending multiplier is 7, the tax multiplier must be

A) -6. B) -3. C) 3. D) 7.

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The largest single traded good (by value) in recent years has been

A) automobiles. B) wheat. C) televisions, stereos, and VCRs. D) steel.

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