Market failure can result from market outcomes that:
a. result in too few resources devoted to a good.
b. result in too many resources devoted to a good.
c. may justify government intervention.
d. all of these.
d
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The sum of all planned expenditures for the entire economy at each possible price level is
A) aggregate demand. B) effective demand. C) aggregate supply. D) actual expenditures by consumers.
Marginal benefit is the
A) total benefit we receive from consuming a good or service. B) additional benefit we receive from consuming one more unit of a good or service. C) minimum amount of other goods or services we are willing to give u
Which of the following is the largest asset on a consolidated balance sheet for a commercial bank?
a. Checkable deposits b. government bonds c. Cash assets, including reserves d. Loans e. Borrowing from the Federal Reserve
When the expected dollar-euro exchange rates (E^e $/euro) rises, the foreign expected dollar return curve shifts
A) downward B) upward C) not at all D) not enough information is provided