The Masstricht treaty set the budget ratio to GDP to be ________ in order for countries to qualify to join the Euro area

The additional benefit that Marvin gets from being vaccinated against the flu is known as the

A) external benefit. B) marginal private benefit. C) private cost. D) social cost. E) marginal social benefit.

Under socialism, which of the following industries would probably be owned by the government?

a. Steel. b. Electricity. c. Agriculture. d. All of these.