Traveler's check are
A. part of M1 but not M2.
B. not part of M1 or M2.
C. part of M2 but not M1.
D. part of M1 and M2.
Answer: D
Economics
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Suppose that coal producers create a negative externality equal to $5 per ton of coal. What is the relationship between the equilibrium quantity of coal and the socially optimal quantity of coal?
a. They are equal. b. The equilibrium quantity is greater than the socially optimal quantity. c. The equilibrium quantity is less than the socially optimal quantity. d. There is not enough information to answer the question.
Economics
Almost all of the immigrants into the United States are uneducated.
Answer the following statement true (T) or false (F)
Economics