Which of the following will LEAST likely generate positive external effects to society?

A. education
B. requiring drivers to undergo a test for alcohol consumption
C. a comic book
D. health care


Answer: C

Economics

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In response to a surplus the market price of a good will fall; as the price falls, the quantity demanded will increase and quantity supplied will decrease until equilibrium is reached

Indicate whether the statement is true or false

Economics

When it comes to basic commodities, the United States is a net exporter of oil and metals and a net importer of farm crops

a. True b. False

Economics

Which of the following is a reason the inflation rate has stayed at or below 3 percent every year since 1992?

A. The advent of E-commerce, which has added a new layer of competition B. The rise of huge discounters, such as Wal-Mart and Staples C. The rising tide of imported goods D. All of the choices are correct

Economics

In the United States today, nearly ________ of the population has attained a college degree.

A. 15 percent B. 50 percent C. 30 percent D. 40 percent

Economics