Government intervention may create more problems than it is designed to solve.
Answer the following statement true (T) or false (F)
True
Government failure is always a possibility.
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How might inflation targeting improve the Fed's monetary policy?
What will be an ideal response?
In the short run, some costs are fixed
a. True b. False Indicate whether the statement is true or false
Rent controls encourage investment in housing because they bring stability to the market
a. True b. False Indicate whether the statement is true or false
Dairy farmers hold an annual Capitol Hill ice cream social that provides free ice cream for congressional staffers during which time representatives from the industry discuss issues with, and provide information to, congressional staff. This is an example of
a. logrolling. b. rent seeking. c. pork-barrel legislation. d. the shortsightedness effect.