The free rider problem is a situation in which
(a) effluents such as CFCs combine with ozone and decrease concentrations of that protective chemical.
(b) one agent secures benefits that others pay for.
(c) there are excessive subsidies given to polluting buses or other forms of mass transit.
(d) perfect property rights exist.
B
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Suppose the U.S. public holds $1 trillion in government bonds, all with an 8 percent nominal interest rate
If the Federal Reserve can hold that nominal rate constant, what inflation rate would make the government's net interest expense exactly zero? A) 16 percent B) 8 percent C) 0 percent D) -8 percent
Figure 5-5
In Figure 5-5, if the household is spending enough of its budget to purchase 4 orders of fries and the price of an order of fries is $2, the remainder of the budget available for hamburgers is
a.
$10.
b.
$12.
c.
$16.
d.
$20.
If a bank has customer deposits of $150 million, $15 million in reserves and the amount of excess reserves equals 0 (zero):
A. the required reserve rate is 15 percent. B. the required reserve rate is 1 percent. C. the bank's net interest margin is zero (0). D. the required reserve rate is 10 percent.
Refer to the information provided in Figure 19.1 below to answer the question(s) that follow. 
Figure 19.1 Refer to Figure 19.1. After firms can respond to the payroll tax, the workers will take home a per-hour wage of
A. $12. B. $10. C. $7. D. $5.