Which of the following produces external benefits?
A. College students getting vaccinated against the flu.
B. Garbage dumped in the Atlantic Ocean.
C. Passive smoke in a public building.
D. All of the choices are correct.
Answer: A
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Bank accounts and bonds are examples of money-fixed assets.
Answer the following statement true (T) or false (F)
Which of the following options could be used to eliminate a recessionary gap?
a. Increase government spending. b. Decrease government spending. c. Decrease investment. d. Increase taxes.
Unlike demand, the longer the time suppliers have to respond to a change in price, the less elastic is the supply curve
a. True b. False Indicate whether the statement is true or false
Which of the following institutions would most likely impose price controls?
a. an environmental protection agency b. a county government c. an international corporation d. a fast-food chain