Governments require immunizations of school children and offer immunization shots for free to low income people because:
A. parents are often negligent of the health of their children.
B. immunizations are private goods with external benefits.
C. immunizations are very costly.
D. All of these
Answer: B
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During this year, a country reports imports of $1,000 billion, exports of $1,100 billion, foreign investment in the country of $900 billion, investment abroad of $1,200 billion, net interest and net transfers of zero
What is the country's current account balance?
A fixed exchange rate regime
A) enhances the power of a country's central bank. B) leads to inflation. C) means that the price of gold is held constant. D) makes a country's central bank powerless.
Structural policy refers to:
A. decisions to determine the government's budget. B. government policies aimed at changing the underlying structure or institutions of the economy. C. policy directed toward increasing exports and reducing imports. D. the determination of the nation's money supply.
Suppose Jane has chosen a combination of two goods, A and B, such that MU/P of good A is 10 (MUA/PA = 10), and the MU/P of good B is 10 (MUB/PB = 10). To increase utility with the same amount of money, Jane should:
A. increase the number of B consumed. B. increase the number of A consumed. C. increase the number of A and B consumed. D. do nothing; she cannot increase utility with the same amount of money.