Money is not subject to the law of diminishing marginal utility

According to this Application, falling home equity values have decreased consumer wealth, which is a measure of a consumer's

A) total net worth. B) annual income. C) annual income minus total expenses. D) annual income minus annual expenses.

If the institutions in an economy decide to limit the legal back up that protected the interest of entrepreneurs, the returns-to-entrepreneurship curve in the economy will:

A) shift leftward. B) shift rightward. C) become vertical. D) become horizontal.