External costs are
A. Outside costs that producers absorb.
B. Domestic economic impacts of foreign events.
C. Effects of government on the private sector.
D. The difference between social and private costs of a market activity.
Answer: D
Economics
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The real exchange rate, q, is defined as
A) the price of the foreign basket in terms of the domestic one. B) the price of the domestic basket in terms of the foreign one. C) the price of the foreign basket. D) the price of the domestic basket. E) the nominal exchange rate in terms of the domestic basket.
Economics
As the interest rate decreases, the quantity of money people will hold:
a. decreases. b. increases. c. stays the same. d. rises and then falls. e. falls and then rises.
Economics