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Author Question: An example of a negative externality is: a. the benefit you receive when your neighbor installs a ... (Read 121 times)

jparksx

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on: Jun 30, 2018
An example of a negative externality is:
 a. the benefit you receive when your neighbor installs a smoke detector.
 b. the reduction in profits for your company that occurs when there is a decrease in consumer demand for the product you manufacture.
  c. the sleep you lose when your neighbor throws a loud party next door that keeps you awake.
 d. the change in the property values of your neighbors' homes when you paint your house and landscape your front yard

Question 2

The expectation of a higher inflation rate will cause:
 a. the short-run Phillips curve to become vertical.
  b. the short-run Phillips curve to shift leftward.
 c. a movement up along a short-run Phillips curve.
  d. the short-run Phillips curve to shift rightward.


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steff9894

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

c

Answer to Question 2

d


jparksx

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

carojassy25

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Reply 3 on: Yesterday
Excellent

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