An individual's quantity of money demanded
a. refers to how much money the individual would like to have
b. refers to the amount of money an individual needs to maintain her desired standard of living
c. refers to her wealth constraint
d. refers to the amount of her wealth that an individual chooses to hold in the form of money
e. is virtually unlimited
D
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Jenna deposits $1,000 in a bank at an interest rate of 6% compounded annually. What is the future value of the sum deposited after: a) two years. b) four years
What will be an ideal response?
An emissions tax equal to the marginal social cost of pollution at ___________ induces those believed to be polluting to internalize the externality and leads to the socially optimal quantity of pollution.
a. the socially optimal quantity of pollution b. the market-determined level of pollution c. the market-determined level of production d. zero pollution