Private costs are the same as
A) implicit costs.
B) social costs.
C) public costs.
D) internal costs.
Answer: D
You might also like to view...
If float is predicted to decrease because of unseasonably good weather, the manager of the trading desk at the Federal Reserve Bank of New York will likely conduct a ________ open market ________ of securities
A) defensive; sale B) defensive; purchase C) dynamic; sale D) dynamic; purchase
The horizontal portion of the short-run aggregate supply curve reflects the Keynesian assumption of "sticky" prices
Indicate whether the statement is true or false
Which of the following is true?
a. Women are more highly unionized than men. b. A higher percent of white workers belong to unions than do African-American workers. c. The proportion of government employees belonging to a union is substantially higher than the proportion of private-sector workers who are union members. d. There is little difference in incidence of unionization among occupational categories.
When total utility is at a maximum, marginal utility is:
A. zero. B. positive. C. negative. D. one.