Which term refers to the share of an activity's marginal cost that is paid for by the persons who carry out the activity?
a. Beneficial cost
b. Incidental cost
c. Marginal private cost
d. Marginal social cost
c
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The real problem for people in many _______________ countries is not that globalization through international trade has made their lives worse, but rather that they have so few good employment alternatives.
a. low-income b. high-income c. large d. small
In the Aggregate Demand - Aggregate Supply diagram in Figure 8.1, Box 3 should be filled with 
A. AS for Aggregate Supply. B. PI for Price Index. C. RGDP for Real Gross Domestic Product. D. AD for Aggregate Demand.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4Refer to Figure 2.4. The economy moves from Point E to Point B. This could be explained by
A. a change in society's preferences for hybrid cars versus motorcycles. B. an increase in economic growth. C. an increase in unemployment. D. a reduction in unemployment.
Game theory was first developed by John Nash.
Answer the following statement true (T) or false (F)