Private costs are
A) external costs borne by private firms.
B) explicit costs rather than implicit costs.
C) costs borne by private members of society rather than governmental bodies.
D) costs borne solely by the individuals who incur them.
D
Economics
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The Gramm-Leach-Bliley Act of 1999
A) allowed the creating of financial holding companies. B) set conditions under which an FHC can set up a merchant bank. C) brings the U.S. closer to the universal banking model. D) does all of the above.
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In the nonstrategic view of bargaining
a. The first-mover usually gains more b. The second-mover usually gains more c. The third-mover usually gains more d. The outcome depends on which mover can commit to a strategy
Economics