Adolph Wagner wrote that the public sector would continuously and inevitably expand due to
a. bureaucratic self-interest.
b. the "tyranny of the status quo".
c. labor's increasing demand for social justice.
d. increasing demand for military protection from international threats.
c. labor's increasing demand for social justice.
You might also like to view...
As more of a good is consumed, the marginal benefit of the good
A) increases. B) decreases. C) remains constant. D) is unpredictable. E) first decreases and then increases.
A firm typically achieves its position as a monopolist as a result of
A) a small market and a constant average cost. B) a downward sloping demand for the product. C) barriers to entry. D) the absence of long-run profits in an industry.
The prisoners' dilemma is an important game to study because
a. most games present zero-sum alternatives. b. it identifies the fundamental difficulty in maintaining cooperative agreements. c. strategic decisions faced by prisoners are identical to those faced by firms engaged in competitive agreements. d. all interactions among firms are represented by this game.
Real GDP is always measured in
A) cheaper dollars. B) quality of goods produced. C) base-year dollars. D) nominal dollars. E) current dollars.