Which of the following is NOT a type of externality?
A. Negative externality
B. Positive externality
C. Market externality
D. Network externality
Answer: C
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There has been a downward trend in the United States since 1980 in the ambient concentrations of
a. sulfur dioxide. b. carbon monoxide. c. lead. d. all of the above.
Rent control makes apartments:
A. be in excess demand. B. easy to find. C. hard to find. D. less desirable.
Briefly compare the three tax systems based on the relationship between the marginal tax rate and the average tax rate as income rises
What will be an ideal response?
When the money supply decreases, other things being equal,
a. real interest rates fall and investment spending rises. b. real interest rates fall and investment spending falls. c. real interest rates rise and investment spending falls. d. real interest rates rise and investment spending rises.