According to the text, because people in an urban-industrial society will always disagree to some extent about who ought to have which rights,

A) it is unreasonable to expect negative externalities to be completely eliminated.
B) negative externalities cannot be reduced without government coercion.
C) negative externalities should not be thought of as the consequence of disagreement over property rights.
D) there is no point in discussing the matter.
E) we must depend upon government to decide exactly what should be prohibited or commanded.


A

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen asĀ 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

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What three things must a firm know in order to calculate costs?

What will be an ideal response?

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The real interest rate equals the nominal interest rate ________ the inflation rate

A) times B) minus C) divided by D) plus

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If oil prices fall at the same time that the federal government increases its purchases, in the short run

A) aggregate output and the price level will both increase. B) aggregate output will increase, but the price level will fall. C) aggregate output and the price level will both fall. D) aggregate output will increase, but the price level may either increase or decrease.

Economics