The sequence from largest (in terms of value, e.g., billions $) to smallest would be
a. M1, M2, M3
b. M2, M3, M1
c. M3, M2, M1
d. M3, M1, M2
e. M1, M3, M2
C
Economics
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As the price of a computer falls, overall
a. the marginal utility of computers rises b. the total utility of computers falls c. the total utility per dollar spent on computers falls d. individuals would purchase fewer computers in equilibrium e. individuals would purchase more computers in equilibrium
Economics
Although a balanced budget may be appropriate under one monetary policy, a deficit or surplus may be appropriate under a different monetary policy
a. True b. False Indicate whether the statement is true or false
Economics