If production of a good creates an external cost, the amount of output where the marginal social benefit equals the marginal private cost is
A) inefficient.
B) inequitable.
C) unattainable.
D) efficient.
A
Economics
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What will cause a decrease in US AD?
a. an increase in interest rates b. a boost in consumer confidence c. a decrease in business material costs d. an increase in M1 and M2
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Refer to Table 8-13. Real GDP for Vicuna for 2013 using 2015 as the base year equals
A) $4,620. B) $5,100. C) $5,650. D) $5,850.
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