College education is an example of a positive externality.
A. True
B. False
C. Uncertain
C. Uncertain
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Which of the following terms describes a financial instrument which pools the deposits of many investors together and invest them in a safe way like short-term government bonds?
a. Money market funds b. Savings deposits c. Time deposits d. Certificates of deposit
The Effect of State and Local Government Spending on GDP
What will be an ideal response?
If consumer confidence rises because of strong job growth in an economy, what is likely to happen to the rate of savings?
a) The savings rate will likely rise. b) The savings rate will likely fall. c) The savings rate will likely fall to zero. d) The savings rate will turn negative.
The Heckscher-Ohlin (H-O) theory suggests that research and development activity is most likely to be concentrated in countries which
A. are skilled-labor abundant. B. specialize in the production of primary commodities. C. are more self-reliant. D. are capital-abundant.