In a market with positive externalities, the market equilibrium quantity maximizes the welfare of society as a whole
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A housing shortage results when
A) a tax is imposed on housing. B) a rent ceiling below the equilibrium rent is imposed. C) a rent ceiling above the equilibrium rent is imposed. D) rents rise. E) a rent floor below the equilibrium rent is imposed.
Economics
As a result of an increase in the money supply, the aggregate demand will shift to the left.
a. true b. false
Economics