An externality that is not fully paid by the individual using an automobile is
A) insurance for the vehicle.
B) gasoline for the vehicle.
C) air pollution from the vehicle.
D) operation of the vehicle.
C
Economics
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Everything else held constant, if a central bank makes an unsterilized ________ of foreign assets, then the domestic money supply will increase and the domestic currency will ________
A) purchase; appreciate B) purchase; depreciate C) sale; appreciate D) sale; depreciate
Economics
If the market for hula-hoops is characterized by a very inelastic supply curve and a very elastic demand curve, an inward shift in the supply curve would be reflected primarily in the form of:
a. higher prices. b. higher output. c. lower prices. d. lower output.
Economics