If the United States and other developed nations pay the cost of reducing public emissions, developing nations such as China could benefit from the reduction while not contributing to it. In this sense, one can think of reducing carbon emissions as being like a

A) quasi-private good.
B) private good.
C) quasi-public good.
D) public good.


Ans: D) public good.

Economics

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The largest component of M2 is

A) savings deposits. B) currency. C) money market mutual funds. D) travelers checks.

Economics

The ability to engage in product differentiation is one of the factors a manager or owner of a firm can control in order to create value for consumers

Indicate whether the statement is true or false

Economics

During the Great Depression, the U.S. was not firmly tied to the world economy

Indicate whether the statement is true or false

Economics

In order for an economy to shift its production possibilities curve rightward, it must:

a. suffer resource unemployment. b. experience an increase in its resources and/or an improvement in its technology. c. use its resources more efficiently than at points along the curve. d. all of these.

Economics