External costs are modeled by creating a new social cost curve that is

A. higher than the original supply curve.
B. lower than the original demand curve.
C. higher than the original demand curve.
D. lower than the original supply curve.


Answer: A

Economics

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

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Indicate whether the statement is true or false

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Which of the following is a single statistic that summarizes a rating agency's view of the issuer's likely ability to make the required payments on its bonds?

A) grade B) bond rating C) speculation D) yield

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Theoretically, when a currency depreciates one can predict that

a. the price level will rise and real GDP will rise. b. the price level will fall and real GDP will fall. c. real GDP will rise, but price change is not predictable. d. the price level will rise, but real GDP change is not predictable.

Economics