If consumers were able to receive the full social benefits associated with the consumption of goods involving positive externalities, other things being equal, there would probably be:
a. an increase in consumption

Commercial banks act as middlemen between savers and borrowers, therefore they are called _____

a. lenders of the last resort b. financial intermediaries c. banker's banks d. thrift institutions e. profitable institutions

Plato and Aristotle both believed that an uneven distribution of income

a. is desirable since it encourages people to work b. creates natural class distinctions c. results in higher rates of economic growth d. leads to political discontent e. is acceptable as long as no one ends up in poverty