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Author Question: Which of the following is probably producing positive externalities? A) A citizen who becomes ... (Read 108 times)

SO00

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Which of the following is probably producing positive externalities?
 
  A) A citizen who becomes well-informed about community issues
  B) A homeowner who maintains a beautiful lawn
  C) A person with an engaging smile
  D) All of the above.
  E) None of the above.

Question 2

According to your authors, the boom phase of the so-called business cycle is
 
  A) caused by an expansionary increase of the money supply.
  B) a systematic accumulation of mistakes among businesses and households across the economy.
  C) undertaken because business planners miscalculate the expected profitability of their new ventures.
  D) ultimately followed by a recessionary bust as people begin to correct for the mistakes they've made during the boom phase of the cycle.
  E) described correctly by all of the above statements.



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Answer to Question 1

D

Answer to Question 2

E



SO00

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succesfull

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