Which of the following are expected consequences of common ownership of property and resources?
(a) The threat of corrupt use
(b) The danger of over use
(c) Free riding
(d) All of the above
(d)
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Of the following activities, specify which ones would typically generate positive externalities, negative externalities, or no externalities:
a. You decide to trade in your 1997 Cadillac for a 100% electric Nissan Leaf. b. Every morning while in the shower, you sing at the top of your lungs and very much off-key as long as no one else is at home. c. You choose to not clean up after your German Shepherd when you take him for his midnight walks around the neighborhood. d. After running out of space in your house, you decide to store your collection of 46 broken lawn mowers in your front yard. e. As you do every year, this year you get a flu shot at the local Walgreens.
An investor can write any size contract in both forward and futures markets as long as the other party involved is in agreement
Indicate whether the statement is true or false
Which of the following is an economic goal of a nation?
a. High inflation b. High mortality rate c. Trade deficit d. Low unemployment
Which of the following will both make people buy more?
a. wealth and interest rates rise. b. wealth rises and interest rates fall. c. wealth falls and interest rates rise. d. wealth falls and interest rates fall.