Which of the following can be categorized under fiscal policy?
a. Increase in money supply
b. Decrease in money supply
c. Increase in federal funds rate
d. Decrease in reserve requirement
e. Increase in tax rates
e
Economics
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Marginal utility is the:
A) sensitivity of consumer purchases of a good to changes in the price of that good. B) change in total utility obtained by consuming one more unit of a good. C) change in total utility obtained by consuming another unit of a good divided by the change in the price of that good. D) total utility associated with the consumption of a certain number of units of a good divided by the number of units consumed.
Economics
A perfectly elastic demand curve is vertical
a. True b. False Indicate whether the statement is true or false
Economics