You will still be able to get public broadcasting whether or not you contribute to their fund-raising campaign, so you decide ________ contribute. This is an example of the free-rider problem, and is intrinsic to ________ goods.
A. to; private
B. not to; private
C. to; public
D. not to; public
Answer: D
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What was the approximate value of the U.S. current account balance in 2011?
A) +$10 billion B) +$79 billion C) -$380 billion D) -$475 billion
The Cold War has been over since 1991, and foreign aid:
A. has tapered off and is largely nonexistent now. B. is still used as an effective political strategy to prevent communism. C. continues and is still largely dedicated toward building public goods. D. proved to be an ineffective tool in preventing the spread of communism.
If the reserve ratio is 5 percent, then the money multiplier is approximated to be:
A. 20. B. 5. C. 10. D. 2
The behavior of market prices over time indicates that natural resources are
a. a limit to economic growth. b. unrelated to economic growth. c. not a limit to economic growth. d. the major determinant of productivity.