The higher the number of people who have access to e-mail, the more valuable it is to everyone. This is an example of a(n) ________
A) moral hazard
B) adverse selection
C) network externality
D) negative externality
C
Economics
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A time-series graph displays the price of gold. The slope of the line is negative for periods when the
A) price of gold is low and not changing. B) price of gold is rising. C) quantity of gold is falling. D) price of gold fluctuates. E) price of gold is falling.
Economics
With a managed float, monetary disequilibrium is eliminated through
A) international reserve flows. B) exchange rate changes. C) international reserve flows and exchange rate changes. D) None of the above.
Economics