Which of the following occurs if the production of a good gives rise to positive externalities?
A) The marginal social cost curve lies to the right of the supply curve.
B) The marginal social cost curve lies to the left of the supply curve.
C) The marginal social benefit curve lies to the right of the demand curve.
D) The marginal social benefit curve lies to the left of the demand curve.
C
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Expansionary monetary policy will have what effect on the components of aggregate demand?
A) Consumption, investment, and net exports will rise. B) Consumption will rise, but investment and net exports will fall. C) Consumption and investment will rise, but net exports will fall. D) Consumption will fall, but investment and net exports will rise.
In September 1929, Roger Babson predicted the collapse of the stock market
Indicate whether the statement is true or false
The Phillips curve
a. illustrates the economy's production possibilities b. measures the Fed's willingness to stick with a particular interest rate target c. represents the Fed's choices between inflation and unemployment d. demonstrates the need for a zero inflation rate e. explains the natural rate of unemployment
The sale of Chinese goods in the United States of America has increased over the past few months. This will cause the:
a. U.S. dollar to appreciate against the Chinese yuan. b. U.S dollar to strengthen against the Chinese yuan. c. Chinese yuan to appreciate against the U.S. dollar. d. Chinese yuan to depreciate against the U.S. dollar.