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