"Partial" crowding out of fiscal policy occurs when the

A) LM curve is horizontal.
B) LM curve is upward-sloping.
C) LM curve is vertical.
D) IS curve is vertical.

B

Economics

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Mark Zuckerberg believes everyone in the world should have Internet access

A) This is a positive statement and is not in the social interest if the marginal benefit of Internet access exceeds the marginal cost. B) This is a positive statement and is not in the social interest if the marginal cost of Internet access exceeds the marginal benefit. C) This is a normative statement and is not in the social interest if the marginal benefit of Internet access exceeds the marginal cost. D) This is a normative statement and is not in the social interest if the marginal cost of Internet access exceeds the marginal benefit.

Economics

For baseball memorabilia fans, the baseball with which Hank Aaron hit his 735th career home run is perfectly inelastic in supply and in demand

Indicate whether the statement is true or false

Economics