If the marginal social cost of generating a kilowatt of electricity is $0.10 and the marginal private cost is $0.08, what is the marginal external cost?

A) $0.18
B) $0.10
C) $0.08
D) $0.02
E) $0.80


D

Economics

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Answer the following statement true (T) or false (F)

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Refer to Figure 8.2. Holding other variables constant, an increase in the real wage will result in a

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Assume that the central bank lowers the discount to increase the nation's monetary base. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the real risk-free interest rate and reserve-related (central bank) transactions in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns to complete

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Economics

Provide examples and explain reform measures that have been suggested to reduce the possibility and frequency of international financial crises.

What will be an ideal response?

Economics