In the United States, which of the following is an example of a government-sponsored good?
A) wireless networks
B) community college education
C) cigarettes
D) marijuana
Answer: B
You might also like to view...
When using the economic efficiency approach to controlling air and water pollution, the government
a. forces each firm to produce emissions in the most cost efficient manner irrespective of its cost structure b. offers each firm the flexibility to reduce emissions in the most cost effective manner, given its unique cost structure c. offers each firm the option of choosing between the cost minimizing emission level and the profit maximizing emission level d. provides each firm with some fixed rules and then requires them to maximize profits given these fixed rules e. offers each firm the option of using marginal cost pricing and average cost pricing when determining the optimum emissions levels
Conservatives usually favor increasing government spending to increase aggregate demand
a. True b. False Indicate whether the statement is true or false
In the situation shown by this graph, what will be the most likely result of the fiscal policy on employment?
a. The unemployment rate will fall.
b. The unemployment rate will rise.
c. The unemployment rate will remain unchanged.
d. The unemployment rate will move unpredictably.
Recall the Application about how technological advances in another country may hurt the United States to answer the following question(s). In this Application, how does China manage to gain access to the latest intellectual property of companies in the United States?
A. By requiring American firms to have joint partnerships with Chinese companies if they want to do business in China. B. Through espionage. C. Through Google searches. D. When American companies sell technology to the highest bidder.