Suppose that Dillon derives 40 utils of total utility from eating 5 hotdogs and 42 utils of total utility from eating 6 hotdogs. What is Dillon's marginal utility from eating the 6th hotdog?

MacDougall compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the

A) classical theory. B) the Heckscher-Ohlin theory. C) the Linder hypothesis. D) All of the above.

As the marginal propensity to consume (MPC) increases, the spending multiplier:

a. increases. b. decreases. c. remains constant. d. becomes indefinable.