A government-inhibited good is one that
A) cannot be individually consumed.
B) would be underproduced by the private market.
C) should be subsidized to correct the market failure and productive inefficiency.
D) has been deemed socially undesirable via the political process.
Answer: D
Economics
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The yen is considered to be stronger if:
A) it takes fewer yen to acquire a foreign currency such as a dollar B) it takes more yen to acquire a foreign currency such as a dollar C) it takes fewer dollars to acquire a yen D) it takes fewer dollars and fewer euros to acquire a yen
Economics
The rate of interest charged by the Federal Reserve to member banks for reserves borrowed from the Fed is known as the:
a. federal funds rate. b. discount rate. c. repurchase rate. d. Q-ceiling rate.
Economics