Which of the following examples demonstrates an individual action that can spill over as a positive externality?
a. Ms. Tan gets a haircut and a manicure.
b. Mr. Scheeff gets the flu vaccine.
c. Mr. Demetri drives really fast.
d. Mrs. Milano eats an apple.
b. Mr. Scheeff gets the flu vaccine.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
The slope of a downward-sloping straight line can be calculated as the distance from the
a. horizontal intercept of the line to the origin divided by the distance from the origin to the vertical intercept of the line. b. origin to the horizontal intercept of the line minus the distance from the origin to the vertical intercept of the line. c. vertical intercept of the line to the origin divided by the distance from the origin to the horizontal intercept of the line. d. vertical intercept of the line to the origin minus the distance from the origin to the horizontal intercept of the line.
The actual control of the Federal Reserve System resides in the
a. Congress of the United States. b. member banks. c. Senate Banking Committee. d. Board of Governors.
The real business cycle theory holds that the business cycle
A) originates as a result of factors affecting aggregate supply. B) originates as a result of factors affecting aggregate demand. C) is the result of correctly anticipated policies. D) is the result of incorrectly anticipated policies.