6) "What's More Dangerous: Marijuana or Alcohol? Full Transcript", Freakonomics

According to the Freakonomics podcast "What's More Dangerous: Marijuana or Alcohol?" which of these situations could be a potential positive externality from legalizing marijuana?

A.There are no potential positive externalities from legalizing marijuana.

B.Alcohol users may substitute marijuana for alcohol, decreasing overall traffic incidents.

C.The government could collect taxes from marijuana sales.

D.People would be more pleasant and patient.

7) "What's More Dangerous: Marijuana or Alcohol? Full Transcript", Freakonomics

According to Steven Levitt, which scenario would be a possible way to deal with negative externalities if marijuana were to be legal?

A.Subsidize alcohol and marijuana use.

B.A tax could be placed on marijuana so that the negative externality is internalized.

C.Institute public education campaigns to raise awareness about marijuana's negative effects.

D.The police force could be increased.

8) "Why We Must Fund the Arts", The Guardian

According to the article inThe Guardian, which of these is NOT given as a reason for the United Kingdom to subsidize creative industries?

A.Art promotes peace between contending social classes.

B.Creative industries contribute a great deal to the British GDP.

C.Agriculture, manufacturing, and other industries are subsidized.

D.The arts are a central part of urban regeneration.

9) "Why We Must Fund the Arts", The Guardian

With which statement would the author ofThe Guardianarticle MOST likely agree?

A.A great deal of important artistic culture would disappear from the UK if it was not funded.

B.Art is capable of flourishing in society without public funding.

C.The arts have not been an important part of British culture in the past.

D.Creative industries, while vital, do not compare with manufacturing and agriculture in terms of importance to the British economy.

10) "Credit Default Swaps: The Next Crisis?", Time

At the time of theTimearticle publication, what did the author view as a potential ramification of the meltdown of the CDS market?

A.Lenders would become cautious about making loans, even to traditionally low-risk borrowers.

B.The meltdown of the CDS market would have little effect on the average American.

C.Loans would become easier to obtain, leading to the supply of money to expand too quickly.

D.The value of the dollar would increase rapidly, causing a decline in exports.