To make a market efficient in the presence of a negative externality, a tax could be imposed that is equal to the marginal

a. social cost
b. private benefit
c. social cost minus marginal private cost
d. social cost minus marginal private benefit
e. private benefit minus marginal social benefit

C

Economics

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Discouraged workers

A) are considered part of the unemployed because they are not working. B) are not considered part of the unemployed because they quit their jobs voluntarily. C) are not considered part of the unemployed because they are not actively seeking work. D) are considered part of the unemployed because they are still in the labor force.

Economics

From the table above, which gives data about the U.S. labor market in 1933, the unemployment rate is

A) 2 percent. B) 18 percent. C) 20 percent. D) 25 percent. E) 35 percent.

Economics