eco ch.12 flash quiz

eco ch.12 flash quiz - Question 5 1 out of 1 points...

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Questi on 1 1 out of 1 points Dustin owns a very powerful stereo system. Dustin's private property rights allow him to do all of the following except Selected Answer: Correct Answer:
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Question 2 1 out of 1 points If one major league pitcher were to develop a new, highly effective pitch called the "slipper," this would be Selected Answer: Correct Answer: Question 3 1 out of 1 points If, after an externality is corrected, the equilibrium price rises and the equilibrium quantity falls, the externality must have been a(n) Selected Answer: Correct Answer: Question 4 1 out of 1 points Both Presidents Roosevelt and Kennedy had extramarital affairs that the press was aware of but did not report when they were in office. President Clinton's sexual relationships have been well documented and publicized. The difference can be understood as Selected Answer: Correct Answer: Question 5 1 out of 1 points Which of the following investments is not an example of a positional arms race?
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Unformatted text preview: Question 5 1 out of 1 points Selected Answer: Correct Answer: Question 6 1 out of 1 points If the external benefit of an activity is added to the private benefits, then the Selected Answer: Correct Answer: Question 7 1 out of 1 points Which of the following is not an example of a positional arms control agreement? Selected Answer: Correct Answer: Question 8 1 out of 1 points If all major league pitchers were to learn a new, highly effective pitch called the "slipper," this would Selected Answer: Correct Answer: Question 8 1 out of 1 points Question 9 1 out of 1 points Which of the following is an example of a governmental solution to an external benefit? Selected Answer: Correct Answer: Question 10 1 out of 1 points In the case of either an external cost or an external benefit, the invisible hand fails to generate the efficient outcome because Selected Answer: Correct Answer:...
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This note was uploaded on 04/27/2008 for the course ECO 108 taught by Professor Wolman during the Fall '08 term at SUNY Stony Brook.

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eco ch.12 flash quiz - Question 5 1 out of 1 points...

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