________ are non-excludable but rival in consumption
A) Public goods
B) Private goods
C) Common pool resources
D) Club goods
C
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The relationship between GDP and the money supply has gotten stronger since the 1980s
Indicate whether the statement is true or false
In 1917, Congress imposed a serious restriction on immigration when it passed ________________ over President Wilson's veto
a. a quota system b. a minimum wealth standard c. a literacy test d. a ban on Chinese immigration
If on Monday you can buy 13 Mexican pesos per U.S. dollar and on Wednesday you can buy 15 Mexican pesos per U.S. dollar,
a. both the U.S. dollar and the Mexican peso have appreciated b. both the U.S. dollar and the Mexican peso have depreciated c. the U.S. dollar has appreciated and the Mexican peso has depreciated d. the U.S. dollar has depreciated and the Mexican peso has appreciated e. the Mexican peso has appreciated and the U.S. dollar has remained constant
Which of the following is the result of allocative and productive efficiency being met at the same time in a long-run equilibrium?
a. Perfect competition b. Market entry c. Maximum output d. Monopolistic competition