The existence of an externality is proof that there is a

a. market failure
b. undervaluation of a good
c. overvaluation of a cost
d. property dispute
e. free-rider problem

A

Economics

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In the contemporary U.S. economy, the best example of fiat money would be

A) coins issued by the U.S. Treasury. B) deposits at all depository institutions. C) deposits at commercial banks, but not deposits at other depository institutions. D) Federal Reserve Notes.

Economics

Which of the following type of development combines office space, stores, and residential units in a single, vertical community known as a

A) planed unit development B) manufactured housing park C) mixed -use development D) time-share community

Economics