Refer to the Article Summary. Assuming the findings are correct and all else equal, people who do not shop at Trader Joe's can still benefit from living near the store, as is shown by the higher home values. As a result, the marginal social benefit from living near a Trader Joe's is ________ the marginal private benefit to those who shop at Trader Joe's.
A) less than
B) equal to
C) greater than
D) unrelated to
C
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When a large, well-known corporation wishes to borrow directly from the public, it can
a. sell bonds. b. sell shares of stock. c. go to a bank for a loan. d. All of the above are correct.
All other things staying the same, an increase in the amount of labor would cause the marginal productivity of capital to
A. remain the same. B. decrease. C. increase. D. increase at a decreasing rate and then remain constant.
If policy makers initiate a decrease in the money supply, reductions in government purchases, or increases in taxes, it should drive the economy toward a point on the Phillips curve with ______.
a. higher inflation but lower unemployment b. higher inflation and higher unemployment c. lower inflation but higher unemployment d. lower inflation and lower unemployment
________: a market structure that has only one firm buying from sellers
Fill in the blank(s) with correct word