The price of pie increases. Some people who purchased pie before the price increase no longer purchase pie. This is
A) a positive externality.
B) a negative externality.
C) a positive externality for some consumers and a negative externality for others.
D) not an externality.
D
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Refer to the figure below. Suppose the solid line shows the demand for coffee. If coffee and tea are substitutes, and the price of tea falls, then you would expect: 
A. an increase in the quantity of coffee demanded, but no shift in the demand curve. B. the demand curve to shift to D(B) C. the demand curve to shift to D(A). D. a decrease in the quantity of coffee demanded, but no shift in the demand curve.
________ are financial assets that represent partial ownership of a corporation
A) Stocks B) Financial markets C) Bonds D) Certificates of deposit
An effective rent control will
A) lead to a surplus of housing units. B) keep rents below the competitive market level. C) keep rents above the competitive market level. D) be set at the price where quantity supplied equals quantity demanded.
Which of the following is not included in transactions accounts?
A. A money market mutual fund. B. A demand deposit account at a mutual savings bank. C. A credit union share draft. D. A checking account at a commercial bank.