According to the World View article titled "The Way We Give: Philanthropy Can Step In Where Market Forces Don't," in which of the following ways does philanthropy not improve the market outcome?
A. Give awards.
B. Require firms to research new and improved health care solutions.
C. Draw in experts including universities.
D. Make novel arrangements with private companies.
Answer: B
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Indicate whether the statement is true or false
Using Scenario 1, calculate the total cost of pollution when both steel companies are allowed to pollute only one million gallons of thermal water each and the right is not transferable or tradable
What will be an ideal response?
An increase in the price level reduces net exports because
A) it leads indirectly to a higher exchange rate. B) it leads indirectly to a lower exchange rate. C) it leads indirectly to a lower real interest rate. D) it leads directly to higher real money balances.
Product-specific services are most likely to be valuable for which of the following goods?
A) a box of 50 legal notepads B) a box of paper clips C) a stapler D) an office copying machine