The situation where one person's demand for a good depends on the consumption of the good by others is called a

The public goods problem refers to the tendency for private individuals to provide pure public goods in less-than-socially-ideal amounts because of free riding

Indicate whether the statement is true or false

If the target exchange rate is 100 yen per dollar and the current exchange rate is 90 yen per dollar, the Fed will

A) sell dollars and the demand for dollars will increase. B) sell dollars and the demand for dollars will decrease. C) buy dollars and the demand for dollars will increase. D) buy dollars and the demand for dollars will decrease.