The branch of economics that studies the decisions made by individuals and firms is called macroeconomics

The payment made by a bank to a depositor to use her money for lending to those in need of funds is referred to as the ________

A) dividend B) interest C) principal D) stock

Kirk consumes normal goods. If Kirk's income decreases and the prices of all goods remain unchanged, in his new consumer equilibrium, his marginal utility from each good will ________ and his total utility will ________

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease