A situation in which a benefit or a cost associated with an economic activity spills over to third parties is called

The classical model indicates that at the equilibrium interest rate, saving is

A) equal to investment. B) greater than investment. C) unnecessary for investment. D) less than investment.

Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, Point A necessarily represents

A. only hybrid cars being produced. B. an unattainable production point. C. what society wants. D. the economy's optimal production point.