Refer to the information provided in Figure 1.5 below to answer the question(s) that follow.
Figure 1.5Refer to Figure 1.5. Panel A shows a curve with a slope that is
A. positive and increasing.
B. negative and decreasing.
C. negative and increasing.
D. positive and decreasing.
Answer: A
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Nonexcludability causes:
A. people to demand a higher quantity than they would if they had to pay for what they consumed. B. people to demand a lower quantity than they would if they paid for what they consumed. C. firms to supply a lower quantity than they would if they incurred the full costs of the provision of the good. D. firms to supply a higher quantity than they would if they had to pay for what they supplied.
Which of the following is true of the inflation experienced by the Latin American countries during the 1980s and early 1990s? a. In 1990, annual inflation in Brazil and Argentina was below 10 percent
b. In the late 1980s, Brazil and Argentina experienced a steady inflation of 4 percent. c. In the late 1980s, Brazil and Argentina experienced deflation. d. In 1990, annual inflation in Brazil and Argentina climbed to over 2000 percent.
Which of the following is a similarity between a bank loan and a bond? a. Only large business houses can raise funds from these two methods
b. Only small business houses can raise funds from these two methods. c. Funds raised from both methods have a fixed tenure for repayment. d. Interest is required to be paid on the funds raised from both bonds and bank loans.
Refer to the information provided in Figure 13.7 below to answer the question(s) that follow. 
Figure 13.7 Refer to Figure 13.7. The figure shows a ________ monopoly.
A. profit-maximizing B. natural C. patent D. strategic resource