When total utility is at a maximum, marginal utility is:

All of the following contributed to the downfall of the Soviet Union in 1991 except

A) lack of high-quality goods and services. B) public dissatisfaction with low living standards and political repression. C) an inability to produce low-cost consumer goods that households wanted. D) lack of a strong dictator who could coordinate economic activities.

Which one of the following will shift the consumption function upward?

a. Higher interest rates. b. Expectations that the economy will grow in the future. c. A decrease in money holdings. d. Higher capacity utilization rates. e. A tax increase.