Private costs are included in social costs.

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


True

Social costs include both private and external costs.

Economics

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Holding all else constant, if the U.S. government restricts capital outflows, then the equilibrium value of the U.S. dollar will:

A. appreciate B. remain fixed. C. depreciate. D. be determined by the Federal Reserve.

Economics

Discretionary fiscal policy transpires when the government moves to alter ______.

a. stock and bond markets b. donations and volunteerism c. taxes and government purchases d. wages and profits

Economics

What is the present value of $100 two years from now at an interest rate of 6%?

A. $106 B. $6 C. $94.34 D. $89

Economics

Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow.  Figure 8.5 Refer to Figure 8.5. The marginal cost of the seventh drone is

A. $2.86. B. $3.33. C. $20. D. indeterminate from this information.

Economics