An example of a good that exhibits a negative network externality is:
A. telephones.
B. a wireless internet connection.
C. Facebook.
D. All of these are examples of goods that create negative network externalities.
B. a wireless internet connection.
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Which of the following describes what the Fed would do to pursue an expansionary monetary policy?
A) use discount policy to raise the discount rate B) use open market operations to sell Treasury bills C) raise the reserve requirement D) use open market operations to buy Treasury bills
Why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as "finger pointing?"
What will be an ideal response?
Which of the following is NOT an assumption of the initial Cournot Oligopoly Model?
A) Market lasts for only one period. B) Firms act simultaneously. C) Firms have same cost functions. D) Firms produce differentiated products.
_____________ is a financial arrangement whereby people pay premiums tp a(an) ____________ company that reimburses them in the event of loss or injury
a. Stock b. Mutual Fund c. Insurance d. Investiture