There are apartments in Chicago whose rooftops overlook Wrigley Field where the Chicago Cubs play at home. On game day you can find free riders on the roof enjoying _____________
a. a near public good
b. free property rights
c. a positive externality
d. a pure public good
e. excess utility
C
Economics
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Which group of features is shared by all games?
A) rules, strategies, payoffs, outcome B) rules, profit, payoffs, outcome C) profit, strategies, payoffs, cheating D) rules, cheating, payoffs, outcome
Economics
In the Keynesian model, suppose the Fed sets a target for the money supply. If the IS curve shifts to the left, and the Fed wants to keep output unchanged, what should the Fed do?
A) Reduce taxes. B) Reduce the money supply. C) Increase taxes. D) Increase the money supply.
Economics