In consumer equilibrium, one dollar's worth of additional gasoline will yield the same marginal utility as one dollar's worth of additional cheese

Which of the following is included in M2?

A) U.S. Treasury bonds B) stocks C) savings accounts D) commercial paper

Which economic concept is defined as the measure of how responsive consumers are to price change?

a. consumer expectation b. consumer taste c. decreasing marginal utility d. elasticity of demand