People react to an excess supply of money by:
a. selling bonds, thus driving up the interest rate.
b. selling bonds, thus driving down the interest rate.
c. buying bonds, thus driving up the interest rate.
d. buying bonds, thus driving down the interest rate.
d
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The free rider problem is an economic issues associated with
a. Public Goods b. Negative externalities c. Social cost d. Marginal Benefits
Debt-for-nature swaps are most generally
(a) beneficial only to the developing country. (b) beneficial only to the developed country. (c) beneficial only to the bank which can write off the debt. (d) beneficial to all countries.
The analysis is externally valid if
A) the statistical inferences about causal effects are valid for the population being studied. B) the study has passed a double blind refereeing process for a journal. C) its inferences and conclusions can be generalized from the population and setting studied to other populations and settings. D) some committee outside the author's department has validated the findings.
When people by insurance they often adopt risky behavior. This is an example of
A) adverse selection. B) moral hazard. C) a negative externality. D) moral hazard and a negative externality.