If there are both external benefits and external costs:
a. the social marginal benefit of an activity exceeds the private marginal benefit.
b. the private marginal benefit of an activity exceeds the private marginal cost.
c. the social marginal cost of an activity exceeds the private marginal cost.
d. Both a. and c. are true.
Question 2
If the actual unemployment rate is less than the natural rate of unemployment, there will be a tendency toward:
a. increased inflation and a leftward shift of the short-run Phillips curve.
b. decreased inflation and a rightward shift of the short-run Phillips curve.
c. increased inflation and a rightward shift of the short-run Phillips curve.
d. decreased inflation and a leftward shift of the short-run Phillips curve.
Examples of animals with external gills.
Play provides these preschoolers with the ability to interact with one another, and develop their ph
Diverticulosis. Figure illustrates external and internal appearance of diverticula.
Continuous positive airway pressure (CPAP) device. The sleeping subject is receiving the benefits of
Social Psychologist
Positioning of external auditory canal for tympanic membrane visualization