One way of expressing the tradeoff between income equality and efficiency is to say the more equally the pie is divided, the

Which of the following is a difference between "quantitative easing" and ordinary open-market operations?

A. There is no difference between the two policy tools. B. Open-market operations are done in order to lower interest rates; quantitative easing is merely intended to increase bank reserves. C. Quantitative easing is focused exclusively on U.S. government bonds; open-market operations also include the buying and selling of debt issued by government agencies and government-sponsored entities.

Jamie's marginal utility from muffins and from doughnuts (in utils) is shown in the accompanying table. Jamie spends a total of $8 on muffins and/or doughnuts every morning. The price of each muffin is $2 and the price of each doughnut is $1.MuffinsPer DayMarginal UtilityPer MuffinDoughnutsPer DayMarginal UtilityPer Doughnut140220230415320510What is Jamie's optimal combination of muffins and doughnuts each day?

A. 1 muffin, 6 doughnuts B. 2 muffins, 4 doughnuts C. 4 muffins, zero doughnuts D. 3 muffins, 2 doughnuts