A negative externality
a. is an adverse impact on a bystander.
b. causes the product in a market to be under-produced.
c. is an adverse impact on market participants.
d. is present in markets where the good or service does not have any impact on bystanders.
a
Economics
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Suppose a U.S. citizen invests $1,000 to purchase a one-year Japanese bond that has an interest yield of 10 percent. If the dollar appreciates 20 percent against the Japanese yen by the maturity date, the dollar value of the proceeds is _____
a. $900 b. $1,100 c. $1,300 d. $1,500 e. $1,200
Economics
The Gini Coefficient in the United States has changed from 0.377 in 1986 to 0.45 in 2017, which means income inequality has ______.
a. grown b. shrunk c. disappeared d. held steady
Economics