The marginal social benefit curve from a public good is found by horizontally summing the marginal benefit curves of all individuals
Indicate whether the statement is true or false
FALSE
Economics
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Which of the following is an equilibrium condition for the goods market?
A) M = kPQ B) Desired saving and desired investment C) Money demand = money supply D) IS = LM
Economics
The present discounted value of $100 to be received one year from now, if the interest rate is 2.5 percent, is closest to
A. $98. B. $95. C. $103. D. $100.
Economics
The simplified spending multiplier is calculated as:
A. ?MPC/(1 ? MPC). B. (1 ? MPC) × ?MPC. C. 1/(1 ? MPC). D. ?1/(1 ? MPC).
Economics
In order to have ________ distribution of final products to households, free and open markets are essential.
A. an efficient B. a fair C. an equitable D. All of the above are correct.
Economics