In the open-economy macroeconomic model, net capital outflow links the markets for loanable funds and foreign-currency exchange

Many wines are priced high in order to

a. Indicate low quality b. Indicate high quality c. Indicate a bargain brand d. None of the above

A consumer will continue to purchase items until the budget is exhausted and ________ ________ is equal

a. consumer surplus b. marginal utility c. marginal cost d. consumer deficit