Which statement is true?
A. M1 is larger than M2.
B. M1 + M2 = M3.
C. M2 + large denomination time deposits = M3.
D. M1 times M2 = M3.
C. M2 + large denomination time deposits = M3.
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Refer to the table above. The total cost per month is the highest if Apartment ________ is rented
A) 2 B) 3 C) 4 D) 5
One consequence of a negative externality is that
A. social costs are greater than private costs. B. private costs are greater than social costs. C. the marginal private cost curve slopes upward. D. the market output is less than the socially optimal output. E. a and c
Efficiency is reached by allocating resources to those who have the greatest willingness to pay for them. This can be achieved in a market where a negative externality is present by:
A. taxing consumers. B. giving consumers a subsidy. C. place a quota at the efficient level. D. All of these will achieve efficiency.
Changes in the expected future price level:
a. Shifts the short run aggregate supply curve upward b. Shift the long run aggregate supply curve to the right. c. Shift short run aggregate supply curves upward and long run aggregate supply curves to the right. d. Do none of the above