Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. 
Figure 16.1 Refer to Figure 16.1. What is the total damage imposed as a result of producing the market (unregulated) level of fertilizer?
A. $250
B. $300
C. $500
D. $600
Answer: B
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According to A.P. Lerner, splitting income equally among individuals was most appropriate for maximizing combined satisfaction
Indicate whether the statement is true or false
Another name for nondiversifiable risk is:
A. inflation risk. B. systemic risk. C. cyclical risk. D. idiosyncratic risk.
Refer to the information provided in Table 22.4 below to answer the question(s) that follow.
Table 22.4
Refer to Table 22.4. The labor force
A. equals 200 million. B. equals 130 million. C. equals 120 million D. equals 110 million.
In general, the relationship between output and unemployment
A. has been quite stable over the long run. B. is a simple one, as represented by Okun's Law. C. depends on the state of the economy at the time of the output change. D. has been completely unpredictable over time.