The amount of money held in checking accounts is significantly greater than money in the form of currency
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Additional external costs associated with the production of consumer goods often comes in the form of what?
a. Market failure costs b. Externality costs c. Pollution costs d. Spillover costs
Economics
The existence of positive externalities indicates that price is too low
Indicate whether the statement is true or false
Economics
In a market economy, supply and demand determine both the quantity of each good produced and the price at which it is sold
a. True b. False Indicate whether the statement is true or false
Economics
When economic profits are negative, accounting profits could be:
A. negative. B. zero. C. positive. D. All of these are possible.
Economics