Acid rain is an example of a negative externality.

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


True

Economics

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The above figure shows the marginal benefits and marginal costs of a college education. The efficient number of students is

A) 0. B) 10 million. C) 15 million. D) 25 million.

Economics

When the commons are converted into privately owned resources, _____

a. utilization is increased, and benefits to the society decline b. utilization is increased, and the benefits to the society also increase c. utilization is decreased, and the benefits to the society also decrease d. utilization remains unchanged, and the benefits to the society increase e. utilization is decreased, and the benefits to the society increase

Economics

The distribution of money income can be represented graphically using

A. a Distribution curve. B. a Keynesian curve. C. supply and demand diagrams. D. a Lorenz curve.

Economics

Commercial banks create money through

A. reducing risk in the economy. B. printing treasury notes. C. making loans. D. facilitating borrowing from the Federal Reserve to the public.

Economics