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If the on-campus demand for soda is as follows: Price (per can) $0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 Quantity demanded (per day) 100 90 80 70 60 50 40 30 and marginal cost of supplying soda is 50 cents, what price will students end up paying in: A perfectly competitive market? (Enter your answer as a numeric value)

True or False.  Goods and services with positive externalities are public goods.

Which firm has the highest level of external costs?   Firm A Firm B Firm C Firm D External Costs 0   175   Social Costs 400 250 175 200 Private Costs   350   250

Wages are sticky downward according to the insider-outsider model because all of the following except:

Which of the following best describes the idea of a political business cycle that occurs as one of the practical problems of fiscal policy?

The M2 money supply includes

True or False.  A perfectly competitive market is efficient from an economic viewpoint.

Which of the following is not one of the three basic measures of macroeconomic performance?

The key decision maker for general Federal Reserve policy is the:

True or False.  With a budget deficit the federal government spends less money than it receives in taxes