Which of the following statements is true of free riding?
A) Free riding is easy to detect and punish.
B) Free riding reduces with social pressure.
C) Free riding is not affected by incentives.
D) Free riding does not impose a cost on society.
Question 2
Which of the following is not a component of the M1 money supply?
A) Cash in circulation
B) Gold owned by the federal authorities
C) Deposits in checking accounts
D) Any issued traveler's checks