As of the end of 1994 which of the countries in our survey had the largest proportion of stock held by the government?

Which of the following is false? a. Policy makers generally get the timing of countercyclical macroeconomic policy correct

b. To know the appropriate countercyclical policy to adopt, policy makers would need to know the natural rate of real output. c. If policy makers underestimate the multiplier, they may overshoot their goal for stimulus policies. d. All of the above are true

External costs and external benefits are collectively referred to as:

A. social externalities. B. network externalities. C. externalities. D. social welfare.