The production of steel in a factory generates a negative externality. A per-unit tax on the factory that equals ________ of steel production will internalize the externality entirely
A) the marginal private cost
B) the marginal social cost
C) the marginal external cost
D) the marginal external benefit
C
Economics
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Suppose the reserve ratio is RR. Then,
A) required reserves = RR × excess reserves. B) required reserves = RR × loans. C) required reserves = RR × deposits. D) required reserves = RR × actual reserves.
Economics
Which of the following types of insurance do men pay lower premiums than do women?
A) life insurance B) health insurance C) auto insurance D) There are no legally allowed differences.
Economics