If the marginal social benefit of a good equals the marginal private benefit of the good, then the marginal external benefit of the good
A) is zero.
B) equals the marginal social benefit.
C) equals the marginal social cost.
D) equals the marginal private cost.
A
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A decrease in the real interest rate outside of the United States will ________ the demand for the dollar and ________ the demand for foreign financial assets
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
When short-term concerns (deadlines) create priorities and longer range management needs are driven out, this part of:
a. McGregor's Law b. Gresham's Law of Planning c. Dorsey's Principle d. Lucien's Law
When imports of goods exceed exports of goods, the financial account shows a deficit
a. True b. False Indicate whether the statement is true or false
Most innovations come from just a few large industries
a. True b. False Indicate whether the statement is true or false