Which of the following statements is correct?
a. Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and decrease the price of the good produced.
b. Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and increase the price of the good produced.
c. Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and decrease the price of the good produced.
d. Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and increase the price of the good produced.
b
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An increase in net exports will shift the aggregate expenditures curve ________.
A. downward and the aggregate demand curve rightward B. downward and the aggregate demand curve leftward C. upward and the aggregate demand curve leftward D. upward and the aggregate demand curve rightward
According to the classical model, workers chose a level of labor that equates the
a. real wage and marginal product of labor. b. nominal wage and marginal product of labor. c. the marginal utility of consumption and the marginal disutility of lost leisure. d. the marginal utility of consumption with the real wage.
In the IS-LM model, an easy monetary in conjunction with a tight fiscal policy
a. increases exports and decreases imports. b. decreases exports and increases imports. c. encourages foreign capital inflows to the U.S. d. both b and c. d. None of the above
What percentage of Americans will find a new job within 14 weeks of being unemployed?
a. 27.8
b. 35.7
c. 63.5
d. 78.4