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Statement I: If a Poor Person Found a Ten-Dollar Bill

Question 115

Multiple Choice

Statement I: If a poor person found a ten-dollar bill lying on the sidewalk,he would get more utility from what he could buy with it than a rich person.
Statement II: There is no answer to the question: "What is the utility of the economics course you're taking?"


A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

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