When negative externalities exist in production, _____
a. the social supply curve lies to the left of the private supply curve
b. the social supply curve lies to the right of the private supply curve
c. the social supply curve is identical to the private supply curve
d. the private demand curve lies to the right of the social demand curve
e. the private demand curve lies to the left of the social demand curve
a
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If households choose to take some fraction of each check they deposit and hold it as currency, then the simple deposit multiplier ________ the real-world multiplier
A) is equal to B) is greater than C) bears no relationship to D) is less than
The ____ is the absolute value of the slope of an indifference curve
a. marginal rate of substitution b. average rate of transitivity c. relative rate of utility d. marginal rate of transposition