If your real disposable income goes up by $200 per week, and your real consumption spending goes up by $160 per week, you have a marginal propensity to consume of

If the social cost of producing a good exceeds the private cost,

A) a negative externality exists. B) no externalities exist. C) a positive externality exists. D) the market is efficient.

The evidence from banking crises in other countries indicates that

A) deposit insurance is to blame in each country. B) a government safety net for depositors need not increase moral hazard. C) regulatory forbearance never leads to problems. D) deregulation combined with poor regulatory supervision raises moral hazard incentives.