An externality is:
a. always a benefit to the recipient.
b. always a detriment to the recipient.
c. an activity that occurs in a business which is unknown to management.
d. unintended benefits or costs imposed on third parties as a result of economic activity.
e. an act, caused by a firm located in this country, which has an effect on a person in a foreign country.
d
Economics
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In the above figure, if the real interest rate is 8, there is
A) underproduction in this economy. B) a surplus of loanable funds. C) a shortage of loanable funds. D) a shortage in available funds for investment.
Economics
What is quantitative easing? What was the Fed's objective in implementing quantitative easing?
What will be an ideal response?
Economics