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True or False.  Private goods are produced through the market because they have rivalry (one’s use of a good makes it unavailable for others).

Children are taken to school by car instead of walking or using public transport is a ___________ externality. Fill in the blank write your answer all in lower case.

A private gardener who lives in a housing community plants an assortment of beautiful plants in her front garden is a ___________ externality. Fill in the blank write your answer all in lower case.

The demand curve for an individual monopolist:

Checkable deposits are included in

In economics, a firm that faces no competitors is referred to as _________________.

A private gardener who lives in a housing community plants an assortment of beautiful plants in her front garden is a ___________ externality. Fill in the blank write your answer all in lower case.

True or False.  Banks play no role in the creation of money.

True or False. Monetary policy is inevitably imprecise as the effects of monetary policy occur only after long & variable lags.

Which of the following is true concerning a monopoly?