Examlex
Which of the following is the largest component of assets of the Federal Reserve?
Marginal Utility
The change in satisfaction or utility that a person receives from consuming an additional unit of a good or service.
Utility-Maximizing
The concept in economics and consumer theory where individuals or firms make decisions that lead to the highest level of satisfaction or benefit within their constraints.
Total Utility
The cumulative satisfaction or usefulness that a person gains from consuming all units of a particular good or service.
Marginal Utility
The supplementary enjoyment or value obtained by consuming an extra unit of a good or service.
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