A quasi-public good is similar to a public good in that one person's consumption of the quasi-public good does not reduce the amount available for everyone else

Suppose a country's net exports equal -$21.3 billion. Which of the following will happen if the volume of exports increases by $1 billion, imports remaining unchanged?

A) The country's net exports will be equal to -$20.3 billion. B) The country's net exports will become positive. C) The country's net exports will be equal to -$22.3 billion. D) The country's net exports will be zero.

Which of the following purchases is included in gross domestic product account?

A) Purchases of bibles from a Christian bookstore B) Purchases of how-to manuals from a local hardware store C) Purchases of anti-capitalist literature from a radical, student-managed bookstore D) All of the above. E) None of the above.