Some economists believe that corporate bailouts are bad for the economy because they ________________ gains and they _____________ the costs, which ultimately lead to _____________ companies needing to be bailed out
A) privatize; socialize; fewer
B) socialize; privatize; fewer
C) privatize; socialize; more
D) socialize; privatize; more
C
You might also like to view...
The price of apples increases from $1 to $1.10. At the same time, the quantity of apples demanded decreases from 100 to 90. The price elasticity of demand for apples (calculated using the initial value formula) is __________ .
A. 0.02 B. 0.9 C. 1 D. 1.1
If a quota is imposed on imports of shrimp into the United States, U.S. consumers ________ and U.S. producers ________
A) gain; gain B) lose; gain C) gain; are unaffected D) lose; lose E) gain; lose
Why might high levels of spending on education in a developing country not be associated with development success?
What will be an ideal response?
When a positive externality is present in a market, total surplus is:
A. higher when buyers receive a Pigouvian subsidy for the externality. B. lower when buyers receive a Pigouvian subsidy for the externality. C. higher when buyers only consider private benefits. D. Any of these statements could be true.