"Good news" about an expenditure-related indicator drives bond prices __________ and stock prices __________

John decides to leave college early and play professional sports. Which of the following economic principles does John use?

i. personal economic policies ii. marginal cost versus marginal benefit analysis iii. normative versus positive economics A) i and ii B) i, ii and iii C) ii only D) i and iii E) ii and iii

If the consumption of a good decreases the quantity available for another person, the good is

A) rival. B) excludable. C) pure. D) free.