All of the following are private costs of operating an automobile EXCEPT
A) gasoline for the car.
B) depreciation of the vehicle.
C) car insurance.
D) harm to the environment from emissions.
Answer: D
You might also like to view...
Which of the following is a likely objective of monetary policy?
A) achieving price stability B) stabilizing economic activity C) closing the output gap to zero D) all of the above E) none of the above
A publisher is deciding whether or not to invest in a new printer. The printer would cost $500, and it would increase cash flows by $600 for the next two years. If the cost of capital is 10% then the net present value of the investment is
a. $1041.32 b. $541.32 c. $1090.91 d. $590.91
Crowding out refers to the government's increased demand for credit, which:
a. displaces some private sector consumption by decreasing the price level. b. displaces some private sector borrowing by decreasing the interest rate. c. displaces some private sector borrowing by increasing the interest rate. d. hires labor away from the private sector e. displaces some import purchases by the private sector.
Moving along the aggregate production function shows the relationship between ________, holding all else constant
A) capital input and real GDP B) labor input and real GDP C) labor input, capital input and real GDP D) technology and real GDP