During  and Following the Recession of 2008-2009, Private Investment Was

question 62

Multiple Choice

During  and following the recession of 2008-2009, private investment was

• A) strong, and this should increase the future productivity  of workers.
• B) strong, and this will tend to weaken the future productivity of workers.
• C) weak, and this will tend to   reduce the future productivity of workers.
• D) weak, and this will  tend to increase the  future productivity  of workers.

---

Definitions:

Diminishing Marginal Utility

The decline in the additional satisfaction a person derives from consuming one more unit of a good or service.

Demand Curves

A graphical representation showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.

Supply Curves

A graphical representation showing the relationship between the price of a good and the quantity supplied at those prices.

Total Utility

The overall satisfaction or value a consumer derives from consuming a particular quantity of goods or services.