Lakeview pharmaceuticals is putting together its r& d budget for the coming year. the firm has compiled a list of potential research and development projects and estimated the interest rate and amount of financial capital required for various levels of r& d spending. the data collected is shown in the table below. graph lakeview pharmaceuticals' demand curve for financial capital when the firm receives only the private benefit of investing in r& d.

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Increases in output and increases in the inflation rate have been linked to