At a market equilibrium, the marginal net benefit curve is
a. Horizontal
b. Vertical
c. Increasing
d. Decreasing
e. Maximized
Ans: d. Decreasing
Economics
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Suppose a wave of optimism causes firms to increase investment. To stabilize output and employment, the Federal Reserve will _____
Fill in the blank(s) with correct word
Economics
When the Fed acts as a "lender of last resort," like it did in the financial crisis of 2007-2008, it is performing its role of
A. providing for check clearing and collection. B. being the bankers' bank. C. controlling the money supply. D. setting the reserve requirements.
Economics