When marginal utility is positive, then total utility is

a. negative
b. decreasing
c. zero
d. increasing
e. infinite

D

Economics

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In the figure above, the shift from DLF1 to DLF2 could result from

A) an increase in a government budget surplus. B) the economy entering a recession. C) the economy entering a strong expansion. D) an increase in the nominal interest rate. E) a decrease in the real interest rate.

Economics

An increase in the real interest rate in the United States will cause the dollar to ________ relative to other currencies and ________ net exports and real GDP

A) appreciate; increase B) appreciate; reduce C) depreciate; increase D) depreciate; reduce

Economics