External costs are the difference between

A. Benefits and costs.
B. Average and marginal costs.
C. Marginal social benefits and marginal social costs.
D. Social costs and private costs.

Answer: D

Economics

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A leading countercyclical variable ________

A) reaches a peak before the peak of the business cycle B) reaches a trough before the peak of the business cycle C) reaches a trough along with the trough of a business cycle D) all of the above E) none of the above

Economics

Technological progress has played a very important role in China's economic growth. Where does the technological progress in China come from?

What will be an ideal response?

Economics