All of the following are examples of negative externalities except one. Which is the exception?
a. water pollution
b. your roommate going on a diet
c. second-hand smoke
d. loud conversation in the workplace
e. your neighbor building a bomb shelter on her front lawn
B
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In the face of gasoline prices approaching $4.00 automobile dealerships are heavily marketing their compact cars and hybrid vehicles
However, an interesting development is that many of these dealerships are offering their economy cars at MSRP (manufacturers suggested retail price) without offering discounts. What do you suppose these dealerships believe about the price elasticity of demand for these economy cars?
Personal consumption spending now comprises approximately what fraction of GDP?
a. One-third b. One-sixth c. Three-quarters d. One-quarter e. One-half
The unemployment compensation social insurance program is a:
A. Purely Federal government program B. Purely state-level government program C. Federal-state program D. Local government program
Refer to the figure below. If the Federal Reserve wants to lower the interest rate to 3%, it must ________ the money supply to ________.
A. decrease; 300 B. increase; 900 C. increase; 700 D. increase; 300