General equilibrium refers to
A. examining markets without specific information.
B. finding equilibrium from general information.
C. pricing goods at their shadow price.
D. all of these.
E. none of these answer options are correct.
E. none of these answer options are correct.
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When the government's budget deficit increases
a. the government is borrowing less and public savings falls. b. the government is borrowing less and public savings increases. c. the government is borrowing more and public savings falls. d. the government is borrowing more and public savings increases.
The market demand curve for a pure public good shows the total value that all individuals place on each unit of the good.
Answer the following statement true (T) or false (F)
An increase in the population growth rate in the Solow growth model causes the growth in output per worker to be higher in the long run or steady state
a. true b. false
Technological advances in pollution reduction:
A. reduce the demand for pollution permits. B. increase the demand for pollution permits. C. reduce the supply of pollution permits. D. increase the supply of pollution permits.