Marginal social cost is equal to ________
A) marginal private cost plus the marginal external cost
B) the marginal external cost
C) the value of the tax that will make the market efficient
D) the marginal cost imposed on people other than the producer of the good
A
Economics
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The Keynesian aggregate demand curve slopes downward because for any given money supply, an increase in the price level ______ real money holdings which _____ the interest rate and _____ income
a. increases; lowers; increases b. reduces; raises; reduces c. reduces; lowers; increases d. increases; raises; reduces
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What is the trade off in the extraction of nonrenewable resources?
What will be an ideal response?
Economics