An example of someone bearing the burden of a negative consumption externality would be
A) Taylor living downwind from a feedlot.
B) LaShawn grows beautiful roses in her garden.
C) Jess's roommate smokes and she doesn't.
D) All of these are examples of someone bearing the burden of a negative consumption externality.
E) None of these is an example of someone bearing the burden of a negative consumption externality.
C
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Caroline has saved $100,000 for her retirement. She earned 4 percent interest on that money during the year 2013. If the inflation rate was 1 percent in 2013, what was Caroline's real interest rate?
A) $4,000 B) 5 percent C) 1 percent D) 4 percent E) 3 percent
A decrease in the brokerage commissions in the housing market from 6% to 5% of the sales price will shift the ________ curve for bonds to the ________, everything else held constant
A) demand; right B) demand; left C) supply; right D) supply; left
A stand-by letter of credit issued by a bank is __________ of that bank
A) an asset B) a liability C) technically both an asset and a liability D) neither an asset nor a liability
A labor union is a(n)
a. single seller of labor on the labor market b. single buyer of labor on the labor market c. organization of workers who produce goods that are sold in union shops d. organization of workers who typically strike to obtain high wage rates e. organization of workers who refuse to work unless they are paid a wage rate above MRP