Suppose the Price of Good Is $5 and the Price

question 38

Multiple Choice

Suppose the price of good is $5 and the price of good is $7.Also,suppose and Which of the following baskets could be an interior optimum?

• A) x = 5, y = 7
• B) x = 4, y = 6
• C) x = 7, y = 5
• D) x = 6, y = 4

---

Definitions:

Consumer Financial Protection Bureau

A U.S. government agency responsible for ensuring consumer protection in the financial sector, including mortgages, credit cards, and student loans.

Federal Consumer Financial Regulatory System

This system comprises federal laws and agencies tasked with regulating financial products and services to protect consumers from unfair, deceptive, or abusive practices.

Office of the Comptroller

The Office of the Comptroller is a government agency responsible for overseeing the execution of government or corporate financial policies and procedures.

Fair Credit Reporting Act

A federal law in the United States designed to protect the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.