Which of the following is a solution to the free rider problem when dealing with public goods?
a) The government levies taxes to fund projects which benefit the public good. b) Private firms take over projects which benefit the public good. c) Anyone interested in a given public good project may contribute to its cost. d) The government and private industry join together to fund projects which benefit the public good.
A
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The most favored nation principle means that a. one nation is selected to benefit the most from free trade. b. if a state lowers a tariff toward one General Agreement on Tariffs and Trade (GATT) member, it is obligedto give all members the same low tariff
c. regional trading partners are given favorable trading terms. d. the GATT ensures that one country receives preferential trade treatment.
Lobbyists who advocate for special interest groups are known collectively as ______.
A. the Third House B. Progressives C. the Consolidators D. the Media Mavericks
What are "unfunded liabilities?"
What will be an ideal response?
McCulloch v. Maryland was decisive because it
a. ruled in favor of state-centered federalism b. asserted that the necessary and proper clause was a restriction on federal power c. affirmed that national law is supreme to conflicting state law d. allowed for a narrow reading of the Constitution