Which of the following is the BEST example a public good?
A) a parking space
B) a car
C) a stop sign
D) a toll road
C
You might also like to view...
Deliberate actions by a central bank to influence the exchange rate are known as
A) current account actions. B) foreign-exchange market interventions. C) dollar-value operations. D) foreign-commerce maneuvers.
Someone who is risk-neutral has
A) diminishing marginal utility of wealth. B) constant marginal utility of wealth. C) increasing marginal utility of wealth. D) less marginal utility of wealth than someone who is risk-preferring.
See the information in Scenario 4.4. Suppose P = 10, Pc = 100, Pd = 2, A = 5, and I = 50. How many games will be sold?
A) -100 B) 0 C) 50 D) 90 E) none of the above
The immediate effects of a discretionary increase in government spending are represented by a: a. rightward shift of the aggregate demand curve. b. leftward shift of the aggregate demand curve. c. rightward shift of the Phillips curve
d. leftward shift of the Phillips curve. e. movement along the Phillips curve.