If some activity creates external benefits as well as private benefits, then economic theory suggests that the activity ought to be:

A. Taxed
B. Prohibited
C. Subsidized
D. Left alone

C. Subsidized

Economics

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If the price of a British pound increases, more Britons will be willing to supply pounds to the foreign exchange market

a. True b. False

Economics

Which department in a modern university would most likely advertise itself as a promoter of modern growth theory?

a. computer science b. accounting c. economics d. history

Economics