The concerns about the 2009 $787 billion stimulus by the Obama Administration were that
a. it was too small.
b. it was too large.
c. it was not well designed.
d. Some economists opposed any stimulus whatsoever.
e. All of the above.
E
Economics
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For a risk averse person, an increase in wealth brings ________ total utility of wealth and ________ marginal utility of wealth
A) higher; higher B) higher; lower C) lower; higher D) lower; lower
Economics
Horatio can produce either a combination of 15 bird houses and 25 wind chimes or a combination of 30 bird houses and 15 wind chimes
If he now produces 30 bird houses and 15 wind chimes, what is the opportunity cost of producing an additional 10 wind chimes? A) 2 bird houses B) 15 bird houses C) 30 bird houses D) 45 bird houses
Economics