Jack Sprat could eat no fat, his wife could eat no lean. And so betwixt them bot
ID: 1253937 • Letter: J
Question
Jack Sprat could eat no fat, his wife could eat no lean. And so betwixt them both, they licked the platter clean. Which of the following is true about Jack and his wife?A. Marginal utility of lean is rising for Jack; marginal utility of fat is rising for his wife.
B. Marginal utility of lean is negative for Jack; marginal utility of fat is negative for his wife.
C. Marginal utility of fat is falling for Jack; marginal utility of lean is falling for his wife.
D. Marginal utility of fat is negative for Jack; marginal utility of lean is negative for his wife.
Explanation / Answer
The Jack alluded to is in fact reputed to be Charles I and Henrietta Maria, his Queen. Apparently, when King Charles declared war on Spain, parliament refused to finance him (leaving him lean!) So his wife imposed an illegal war tax (to get some fat!) after the angered King dissolved Parliament. So D is right
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