The social cost is negative in case of a negative externality
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is a way to finance a budget deficit?
A) increased private saving B) decreased domestic investment C) decreased foreign investment D) all of the above
Refer to Scenario 15.4. The present value of the electricity bill savings you will receive over the next 10 years is
A) $200 times 10. B) $200/1.06. C) $200/1.0610. D) $200 (1 + 1/1.06 + 1/1.062 + ... + 1/1.069 ). E) $200 / (1 + 1/1.06 + 1/1.062 + ... + 1/1.069 ).
Assume that foreign capital flows from a nation increase due to political uncertainly and increased risk. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the quantity of real loanable funds per time period and net nonreserve international borrowing/lending balance in the context of the Three-Sector-Model? a. The quantity of real
loanable funds per time period falls and net nonreserve international borrowing/lending balance becomes more negative (or less positive). b. The quantity of real loanable funds per time period rises and net nonreserve international borrowing/lending balance becomes more negative (or less positive). c. The quantity of real loanable funds per time period falls and net nonreserve international borrowing/lending balance becomes more positive (or less negative). d. The quantity of real loanable funds per time period and net nonreserve international borrowing/lending balance remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
The demand for Egg McMuffins will likely be ________ the demand for breakfast foods.
A. equally price elastic as B. less price elastic than C. more price elastic than D. indeterminate from the given information