Which of the following is an example of an externality?
A. Pollution.
B. Inflation.
C. Government failure.
D. Laissez faire.
Answer: A. Pollution
Economics
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The absolute value of the slope of an indifference curve equals the ratio of the marginal utilities of the two goods involved
Indicate whether the statement is true or false
Economics
Another name for the contractionary phase of a business cycle is recession
a. True b. False Indicate whether the statement is true or false
Economics