A noisy party that keeps neighbors awake is an example of a
A) negative production externality.
B) positive production externality.
C) negative consumption externality.
D) positive consumption externality.
E) Both answers B and C are correct.
C
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"Privatization of government owned industries is likely to increase unemployment in the short run" is a ________ statement about ________ policy.
A. normative; monetary B. normative; structural C. positive; fiscal D. positive; structural
As of December 2010+, the largest single component of M2 consists of
a. checkable deposits at banks. b. cash, coins, and other currency. c. savings deposits. d. gold and silver in commodity accounts.
If Bank A borrows from Bank B, reserves in the banking system __________. If Bank A borrows from the Fed, reserves in the banking system __________
A) rise; fall B) fall; remain unchanged C) remain unchanged; remain unchanged D) remain unchanged; rise E) rise; remain unchanged
The reduction in world poverty from 1990 to 2014 was due almost entirely to the decrease in poverty in
A. Mali. B. China. C. Canada. D. Ethiopia.