Many saltwater fish species are currently being overexploited. This is an example of
a. efficiency
b. the tragedy of the commons
c. Pareto optimality
d. a negative externality
e. a positive externality
B
Economics
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Most economists believe that labor unions significantly increase the overall unemployment rate in the United States
Indicate whether the statement is true or false
Economics
A lender of the last resort refers to
A) a role of the central bank to prevent bank runs for temporary problems of liquidity. B) a role for the government to ensure that the central bank has adequate reserves. C) a reason for regulating banks. D) the need for market based regulations in the banking industry.
Economics