Did Mother Teresa create negative externalities when she helped the poor of Calcutta?
A) Yes, if her activities unintentionally imposed costs on others, such as upsetting people who don't believe in charity for the poor.
B) No, because she strove only to do good, not bad.
C) No, because her activities were accomplished in a state of grace.
D) No, because her activities were altruistic.
E) B, C, D, are all correct.
A
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Open market operations is the
a. tool most often used by the Fed to alter the money supply. b. least effective tool the Fed has to alter the money supply. c. tool used by the Treasury to raise tax revenues. d. tool used by the Fed to regulate stock market activities.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C