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We Take One Dollar from a Millionaire and Give It

Question 44

Multiple Choice

We take one dollar from a millionaire and give it to a pauper. Assuming a diminishing marginal utility of money,


A) total utility in the economy must rise.
B) total utility in the economy must fall.
C) total utility in the economy must remain the same.
D) we cannot say whether or not total utility changes.

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