This Statement Is About What a Person Was Feeling at the Time

question 68

Multiple Choice

This statement is about what a person was feeling at the time he or she spoke.

• A) distant declarant statement
• B) then-existing mental, emotional, or physical condition
• C) statements in ancient documents
• D) official records exception

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Definitions:

Optimal Consumption Bundle

The consumption bundle that maximizes a consumer’s total utility given that consumer’s budget constraint.

Budget Constraint

The limitation on the consumption bundles that a consumer can afford, based on income and prices.

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service.

Iced Tea

A chilled form of tea, often sweetened and served with ice, popular as a refreshing beverage.