Austrian economists
A) supported TARP legislation.
B) believe that no bank is to big to fail.
C) and Keynesian economists have consistent views concerning the role of government.
D) none of these choices.
B
Economics
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Taxation lowers social welfare when the taxed good
A. has marginal social costs above marginal private costs. B. marginal social costs equals marginal private cost. C. is overproduced under a free-market system. D. imposes negative externalities .
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A summary record of a country's international economic transactions in a given time period is the
A. Current account. B. Balance of payments. C. Capital account. D. Exchange rate balance.
Economics