When Ronald takes another economics class, other people in society benefit. The benefit to these other people is called the marginal ________ benefit of the class

If society is experiencing a net social cost from the production of a good, this implies that

A. the socially optimal level of output is being produced and society is willing to accept the costs that result. B. producers would rather produce the output at which marginal social cost equals the demand for the good. C. negative externalities are involved in the production of this good. D. none of the above

Use the following table to answer the next question.Interest RateTransaction Demand for MoneyAsset Demand for MoneyMoney Supply2%$220$300$46042202804606220260460822024046010220220460The equilibrium interest rate is

A. 4%. B. 2%. C. 8%. D. 6%.