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Author Question: When negative externalities are present, it leads to an underallocation of resources in that area ... (Read 58 times)

SAVANNAHHOOPER23

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on: Jun 30, 2018
When negative externalities are present, it leads to an underallocation of resources in that area relative to that which is socially desirable.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The novelty of Phillips' article was his finding of a ____ correlation between ____ and ____.
 a. positive; unemployment; the interest rate
 b. negative; inflation; the exchange rate
 c. negative; unemployment; inflation
 d. positive; the rate of growth of the money supply; inflation


flexer1n1

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


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