The FE line shows the level of output at which the ________ market is in equilibrium

Which of the following is NOT a benefit of economic growth?

A) reduction in illiteracy B) improved health C) urban congestion D) longer lives

If an indifference curve intersects the budget constraint at two points, then ________

A) the consumer would be equally happy at either of those two points B) optimal consumption is found by moving to a lower indifference curve C) optimal consumption is found by moving to a lower budget constraint D) the consumer will choose the point that minimizes consumption expenditure