In the event of a detrimental externality which affects the public interest, government action is the only solution
a. True
b. False
Indicate whether the statement is true or false
False
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Explain how accounting rules have been beneficial for markets
What will be an ideal response?
On January 25, 2009, one U.S. dollar traded on the foreign exchange market for about 49.0 Indian rupees. Thus, one Indian rupee would have purchased about ________ U.S. dollars
A) 0.02 B) 1.20 C) 7.00 D) 49.0
Factors that influenced planned investment spending include
A) real interest rates. B) financial frictions. C) emotional waves of optimism and pessimism. D) all of the above. E) A and C.
Which of the following groups within the Federal Reserve System is primarily concerned with open market operations?
A) The Federal Open Market Committee B) The Federal Advisory Council C) The Federal Reserve Bank presidents D) The Board of Governors