The marginal value that a consumer places on the last unit can be read off of the

In an economy with no government or foreign sector, which of the following always holds true, ex-post?

A) Consumption equals investment. B) Velocity equals money demand. C) Saving equals consumption. D) Saving equals investment.

In the (consumption,leisure) space, indifference curves as we have assumed them have the property of presenting the highest levels of satisfaction

A) in the north-east corner. B) in the south-east corner. C) in the north-west corner. D) in the south-west corner.