Entrepreneurship functions better when
What will be an ideal response?
a system of private property rights permits entrepreneurs to capture the rewards from their entrepreneurial activities.
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Electricity has a negative production externality because _____
A. its marginal benefit decreases as more of it is consumed B. the marginal private cost of producing it increases as more of it is produced C. the marginal social cost of producing it exceeds the marginal private cost of producing it D. a marginal external cost lowers the marginal benefit from consuming it
What are the differences between the federal debt, the budget deficit, and the primary budget deficit?
What will be an ideal response?
Which of the following items is included in M2?
a. credit cards b. money market mutual funds c. corporate bonds d. large time deposits
Industry price and the price taken by the perfect competitor are ___________.
Fill in the blank(s) with the appropriate word(s).