Author Question: Which of the following is an example of an externality? a. cigarette smoke that permeates an entire ... (Read 20 times)

SGallaher96

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Which of the following is an example of an externality?
 a. cigarette smoke that permeates an entire restaurant
 b. a flu shot that prevents a student from transmitting the virus
  c. a beautiful flower garden outside the county courthouse
 d. All of the above are examples of externalities.

Question 2

If the short-run aggregate supply curve is shifting left:
 a. the short-run Phillips curve is shifting left.
  b. the short-run Phillips curve is shifting right.
  c. the long-run Phillips curve is shifting right.
  d. the long-run Phillips curve is shifting left.



Tonny

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Answer to Question 1

d

Answer to Question 2

b



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