Refer to the accompanying figure. As Jeff watches more movies, his marginal utility:

A. gets close to one
B. does not change
C. gets smaller
D. gets larger

Answer: C

Economics

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A tariff is a tax restriction on imported goods.

a. true b. false

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Overvalued exchange rates were a persistent problem under ISI policies. In part, this was a deliberate policy in order to

A) increase imports. B) discourage exports. C) help targeted industries sell their exports. D) help targeted industries buy imports. E) increase the competition for targeted industries.

Economics