Inoculation against communicable diseases is an example of an activity that generates positive externalities
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
If the Fed has announced that it plans on lowering the interest rate it will
A) engage in contractionary open market operations, thereby increasing the money supply. B) engage in contractionary open market operations, thereby decreasing the money supply. C) engage in expansionary open market operations, thereby decreasing the money supply. D) engage in expansionary open market operations, thereby increasing the money supply.
Refer to Figure 12-9. Identify the short-run shut down point for the firm
A) a B) b C) c D) d
The original intent of the Federal Reserve Act of 1913 was to provide the Fed with what role?
A) regulator of the banking system B) lender of last resort C) manage the exchange rate D) maintain a balanced budget
The hope of "Reaganomics"—that ending inflation will stimulate economic growth—is supported by the experience of 1945–49
Indicate whether the statement is true or false