In 1999, what percentage of K-12 students attended private schools?

Which of the following variables is the key determinant in deciding whether goods are to be bought domestically or imported?

A) The real exchange rate B) The domestic interest rate C) The nominal exchange rate D) The foreign interest rate

If the first four units of a good consumed have marginal utilities of 8, 4, 2, and 1, respectively, this trend is an indication of the:

A. law of consumer equilibrium. B. law of diminishing marginal utility. C. law of diminishing consumer surplus. D. law of supply.