All else equal, a large decline in the real interest rate will shift the:

The government of Eduland provided generous unemployment benefits to all the unemployed workers. However, the new government that came into power reduced the amount of unemployment insurance paid to each worker

This increased the average number of hours spent daily by unemployed workers in looking for jobs. This suggests that ________ exists in the labor market in Eduland. A) the problem of moral hazard B) a tragedy of the commons C) a pecuniary externality D) a positive externality

Refer to Figure 4-1. Arnold's marginal benefit from consuming the fourth burrito is

A) $0. B) $1.00. C) $2.50. D) $3.00.