Inoculations of children against infectious diseases are
A) an example of an external benefit.
B) an example of an external cost.
C) dangerous for society.
D) an example of a public good.
A
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If the government collects taxes and makes expenditures of a smaller amount, bank reserves
A) are unaffected. B) may rise or fall. C) rise. D) fall.
Which of the following statements is false?
A) One of the intended effects of the health-care reform bills passed in March 2010 was for some people who had health insurance before the reform to choose to become uninsured after health-care reform. B) One of the provisions of the health-care reform bills passed in March 2010 is that individuals will be fined for not buying insurance. C) Among the provisions in the health-care reform bills passed in March 2010 is that insurance companies are prohibited from turning down a person with a preexisting disease. D) One of the objectives of the health-care reform bills passed in March 2010 was to bring more people into the pool of insured persons so that insurance policies would become cheaper.
One factor limiting the Federal Reserve's ability to use monetary policy to stimulate the economy is that the Federal Reserve has
A. tools to lower interest rates, but they do not work at interest rates below 0%. B. tools to lower interest rates, but they do not work at interest rates below 10%. C. no tools at its disposal to lower interest rates. D. tools to lower interest rates, but they do not work at interest rates above 10%.
In many large U.S. cities, taxicab companies operate as near monopolies because of_____.
A. patents B. strategic pricing C. licenses D. economies of scale