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Author Question: Firms that emit toxins into the air: a. underproduce because the private cost of production exceeds ... (Read 93 times)

bcretired

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Firms that emit toxins into the air:
 a. underproduce because the private cost of production exceeds the social cost.
  b. overproduce because the social cost of production exceeds the private cost.
  c. produce the same as nonpolluting firms.
  d. produce at the socially optimal amount.

Question 2

All of the following are part of M2 except one. Which is the exception?
 a. Money market deposit accounts
 b. Coins
 c. Traveler's checks
 d. Large-denomination time deposits
  e. Savings deposits



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wshriver

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Answer to Question 1

b

Answer to Question 2

d




bcretired

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


adammoses97

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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