Which of the following contains most of the characteristics of a public good?
A. vaccinations
B. a public park
C. a civil defense system
D. metal recycling
Answer: C
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If the real interest rate is greater than the equilibrium real interest rate:
A) interest rates tend to rise further. B) the quantity of credit supplied falls short of the quantity of credit demanded. C) the quantity of credit demanded falls short of the quantity of credit supplied. D) the quantity of credit demanded equals the quantity of credit supplied.
The main goal of macroeconomic research is to
A) predict how the macroeconomy will perform in the future. B) analyze current macroeconomic data. C) develop new data that can be used to understand better the operation of the economy. D) make general statements about how the economy works.
A company with a strong brand identity:
A. conveys to customers an implicit guarantee of a product's quality. B. promises consistency to customers. C. can perpetuate false perceptions of quality or product differences. D. All of these statements are true.
If the United States purchases oil from Kuwait, what is the effect in the exchange market? a. It will increase the supply of U.S. dollars
b. It will decrease the supply of U.S. dollars. c. It will increase the demand for U.S. dollars. d. It will decrease the demand for U.S. dollars.