The underground economy means that GDP will overstate the actual ...

[theo]

The underground economy means that GDP will overstate the actual level of economic welfare.
 
  Indicate whether the statement is true or false

Question 2

Marginal utility
 
  A) characterizes things of little use.
  B) is the additional utility derived from the last unit of a good consumed.
  C) is an implication of the law of demand.
  D) is always negative when total utility is positive and positive when total utility is negative.

[reversalruiz]

Answer to Question 1

FALSE

Answer to Question 2

B

[theo]

YES! Correct, THANKS for helping me on my review

[Liddy]

TYSM