The figure above shows the market for annual influenza immunizations the United States. The marginal external benefit associated with immunizing 14 million people is ________ per person per year
A) $40
B) $20
C) $90
D) $30
E) $60
D
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Gross domestic product is the
A) value of the final goods and services produced in a country during a specific time. B) total amount that buyers spent on the final goods and services produced in a country during a specific time. C) total amount of income earned in producing the final goods and services in a country during a specific time. D) All of the above answers are correct.
Which of the following is not a benefit resulting from international policy coordination?
A) International policy externalities can be internalized. B) It makes the most out of the limited tools central banks have to manage the economy. C) Governments working together are often better positioned to withstand domestic objections to policies if they stand together. D) All of the above are benefits.
An increase in the effective tax rate on capital would cause the IS curve to
A) shift up and to the right. B) shift down and to the left. C) remain unchanged. D) remain unchanged if taxes are fully deductible from income; otherwise, shift up and to the right.
Being "unequal" is seen as a more serious calamity that being poor
Indicate whether the statement is true or false