If companies who took into account an externality want to supply less at any given price compared to the original market supply, it must be a:
A. positive externality.
B. negative externality.
C. network externality.
D. social externality.
B. negative externality.
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The physical and mental effort people use to produce goods and services is a description of which factor of production?
A) physical capital B) labor C) entrepreneurship D) human capital
Compare and contrast the world population with that of the United States. Is the United States becoming a larger or a smaller part of the world's population?
What will be an ideal response?
What do developing countries want regarding agriculture in the Doha Round?
What will be an ideal response?
The long-run Phillips curve would shift to the left if
a. the money supply growth rate increased or labor markets become more flexible. b. the money supply growth rate increased but not if labor markets become more flexible. c. labor markets become more flexible but not if the money supply growth rate increased. d. None of the above is correct.