Josiah installed a metal sculpture in his front yard. A negative externality arises if the sculpture
a. increases the value of other properties in the neighborhood.
b. decreases the value of Josiah's home
c. is visually appealing to Josiah's neighbors.
d. creates a safety hazard for neighborhood children.
d
Economics
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What will decrease LRAS?
a. a natural disaster that destroys much of the infrastructure in the country b. an increase in the labor force c. an increase in the nation's energy reserves d. all
Economics
The key factor leading to the financial crises in Mexico and the East Asian countries was
A) a deterioration in banks' balance sheets because of increasing loan losses. B) severe fiscal imbalances. C) a sharp increase in the stock market. D) a sharp decline in interest rates.
Economics