Information supplied to consumers by the government rarely ever helps in making better decisions

In the circular flow model, which of the following is on the selling side in the goods market?

A) federal, state, and local governments B) only households C) exporters D) only firms E) both firms and households

An individual who drives a car without a muffler in an attempt to increase fuel economy is creating

a. a positive externality b. a public good c. a negative externality d. a winner's curse e. vertical inequity