Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. 
Figure 16.1 Refer to Figure 16.1. What is the total damage imposed as a result of producing the efficient level of fertilizer?
A. $0
B. $250
C. $300
D. $500
Answer: B
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How does a firm raise external funds through direct finance?
What will be an ideal response?
Modern mixed economies
A. generally alter the outcome of market processes in a manner that is believed to be in the social interest. B. attempt to redistribute income to make the distribution of income more equitable. C. rely on the government as well as the market to effect the distribution of goods and services. D. undertake all of the actions listed.
Refer to the information provided in Table 19.8 below to answer the question(s) that follow.Table 19.8Total IncomeTotal Taxes$20,000 $2,000 40,000 4,800 60,000 9,000 80,000 16,000Related to the Economics in Practice on page 393: Refer to Table 19.8. If income increases from $20,000 to $40,000, the marginal tax rate is
A. 2%. B. 12%. C. 14%. D. indeterminate from this information.
With respect to consumer behavior, the interest-rate channel of monetary policy transmission appears to be:
A. strong because people's decisions to purchase cars or houses depend on the short-term rates that policymakers can change. B. strong because it affects both spending and saving decisions. C. weak because people's decisions to purchase cars or houses depend more on short-term rates rather than long-term rates. D. weak because people's decisions to purchase cars or houses depend more on long-term rates rather than short-term rates.