In the monetary small open-economy model with a flexible exchange rate, an increase in the foreign price level has which impact on domestic money demand?

If some activity creates external benefits as well as private benefits, then economic theory suggests that the activity ought to be:

A. Taxed B. Prohibited C. Subsidized D. Left alone

The coordination task of dividing products among consumers is a problem of

A. output selection. B. production planning. C. distribution. D. market segmentation.