When private benefits equal social benefits, it means that:
A. positive externalities are not present in the market.
B. positive externalities are present in the market.
C. no externality of any kind is present in the market.
D. negative externalities are present in the market.
Answer: A
Economics
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If the Federal Reserve buys $3 billion worth of Japanese yen, $6 billion of euros, and sells $5 billion of British pounds, how does this affect the balance of payments?
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