<span>Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.</span>
Answer: Aggregate
Explanation: Aggregate demand is the sum of consumption expenditure, investment expenditure, government expenditure, and net exports.
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Answer: b. $250,000
Explanation:
The value assigned to the Equipment from the lump sum will be the proportionate value of the Equipment from the total market value.
Total Market Value = 300,000 + 600,000 + 300,000
= $1,200,000
Equipment = (300,000 / 1,200,000) * 1,000,000
= $250,000
The economy's marginal social benefit from one street light is $195.
Thus, the correct option is D.
<h3>What is marginal social benefit?</h3>
Consumer pleasure plus or minus the overall environmental and social costs or benefits is referred to as the marginal social benefit.
For instance, marginal social benefits are greater than marginal private benefits when positive externalities of consumption are present.
For illustration, let's say that producing an extra unit of a good costs a producer $50.
Let's say that pollution is released during the production of the extra unit, damaging the paint on your automobile to the tune of $25.
The producer's cost plus the external cost, or $75, is the marginal social cost of production.
Learn more about marginal social benefit, here
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