The benefit principle states that_____
a. people who benefit from the rule of law should pay taxes
b. people who benefit from Social Security should voter for it
c. people who benefit from a government activity should pay for it in proportion to their wealth
d. people who benefit from a government activity should be those who pay for it
d
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The figure shows the market for college education. The efficient number of students is
A) less than 4 million. B) more than 4 million and less than 8 million. C) 4 million. D) 8 million. E) more than 8 million.
What problem is addressed by a government safety net for the banking system? What problem is caused by the safety net?
What will be an ideal response?
In a monopoly
a. the industry has high barriers to entry b. the industry has high barriers to exit c. the industry has high barriers to entry and exit d. the industry has no barriers to entry or exit
When the central bank announces the inflation rate that it will achieve over the next one to four years, it is following a strategy known as
A. real business cycle targeting. B. inflation targeting. C. a currency board. D. money targeting.