Without externalities, _____
a. private costs equal social costs
b. private benefits exceed social benefits
c. private costs are greater than social costs
d. private benefits are lesser than social benefits
a
Economics
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What is marginal benefit? Which curve is also referred to as a marginal benefit curve?
What will be an ideal response?
Economics
Why has M2 grown more quickly than M1 in recent decades?
A) Currency in circulation has declined. B) People own more shares of stock than in the past. C) The amount of funds in CDs and money market mutual funds shares has grown faster than currency or checking deposits. D) Most people use debit cards instead of checking accounts.
Economics