Skin cancer creates a public health externality

The decision about what goods and services will be produced in a market economy is made by

A) consumers and firms choosing which goods and services to buy or produce. B) consumers dictating to firms what they need most. C) workers deciding to produce only what the boss says must be produced. D) producers deciding what society wants most. E) lawmakers in the government voting on what will be produced.

How many members can serve on the Board of Governors of the Federal Reserve System?

A. 9 B. 14 C. 7 D. 12