If you have a checking account at Citibank, the account is a liability of the bank.

Answer the following statement true (T) or false (F)

True

Economics

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Free riding is primarily a characteristic of which type of good?

A) a pure private good B) a pure public good C) a club good D) a common pool resource

Economics

Ceteris paribus, if the market demand for a product increases, then equilibrium quantity will (be) ____ and equilibrium price will (be) ____

a. increase; indeterminate b. decrease; decrease c. indeterminate; decrease d. increase; increase

Economics