Which of the following is NOT an example of an international public good?

A) Capital flows to less-developed countries
B) Last-resort lending
C) Open markets during a recession
D) Regional trade agreements

D

Economics

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Which of the following statements best describes the scientific method?

a. The use of modern electronic testing equipment to understand the world. b. The unbiased development and testing of theories about how the world works. c. The use of controlled laboratory experiments to understand the way the world works. d. Finding evidence to support preconceived theories about how the world works.

Economics

Which of the following is most consistent with economizing behavior?

a. If you get the same satisfaction from a hamburger and a fish sandwich, you should purchase the one that costs the most. b. Even if you know how to paint, hiring someone to do the job is consistent with economizing behavior, if your opportunity cost is high enough. c. If the government provides a good free to citizens, the opportunity cost of the good is zero. d. If you get the same satisfaction from going to the opera and going to an art museum, it makes no difference which you choose.

Economics