A benevolent social planner would prefer that the output of good x be decreased from its current level if, at the current level of output of good x, a. social cost = private cost = private value < social value. b. private cost < social cost = private value = social value. c. social value = private value = private cost < social cost. d. social cost = private cost = private value = social value.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage

Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one