In 2009, a nation reported total imports worth $250,000 and total exports worth $225,000 . This implies the nation had net exports worth $25,000 during this year

Which of the following statement(s) is (are) false?

A) If the change in total utility for apples is 50 utils and the change in consumption of apples is 5 units, then marginal utility is 10. B) Economists do not actually need to measure the level of satisfaction to discern preferences for alternative combinations of goods. C) The concept of elasticity of demand was originated by Alfred Marshall. D) None of the above (that is, all statements are true).

Which of the following examples shows a coordination problem with monetary policy?

a. Five months after the Fed decreases the money supply, consumer confidence in investing plummets. b. When the Fed decreases the money supply, the government increases purchases. c. After the Fed increases the money supply, pension funds decrease their interest rates. d. After the Fed increases the money supply, the government realizes the MPC estimate was too high.