Because of the ________ of vaccinations, economic efficiency would be improved if more people were vaccinated
A) negative externality
B) positive externality
C) moral hazard
D) adverse selection
Answer: B
Economics
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Over the past year, an economy's labor supply increased from 100 to 102, its capital stock increased from 1000 to 1030, and its output increased from 500 to 525. All measurements are in real terms
Calculate the contributions to economic growth of growth in capital, labor, and productivity if aK = 0.2 and aN = 0.8.
Economics
Stocks and bonds are examples of:
a. natural resources. b. financial capital. c. physical capital. d. financial labor. e. internal capital.
Economics