Why can markets not provide public goods?
What will be an ideal response?
Public goods cannot or will not be provided via the market because their benefits are too diffuse. Also, they cannot or will not be provided via the market because their costs are too high.
You might also like to view...
Transposing refers to the process whereby a. member states incorporate EU laws into their national laws
b. member states swap out their national currencies for the euro. c. the EU passes legislation to standardize rules and regulations across member states. d. the EU exchanges its foreign currency holdings for euros. e. member states reorder their spending priorities to meet EU standards.
Case studies often use interviewing to gain knowledge about the research subjects. How do case studies use interviewing that is different from typical research interviewing?
A) Gathering interviews from multiple sources connected to the key subject B) Enacting a complex set of interviewer roles to set the subject at ease C) Maintaining strict interviewer/informant anonymity D) Holding interviews in small groups of participants
Poor poll showings, especially early in the campaign __________
A) are very rarely a self-fulfilling prophecy of defeat some candidates B) discourage the media from covering the data they accrue C) are a self-fulfilling prophecy of defeat some candidates D) often encourage voters to turnout to ensure their candidate pulls out the win
One of the key factors influencing domestic policy in the developing world is
A. the availability (or lack of availability) of financial resources to fund initiatives. B. voting turnout in recent elections. C. whether political socialization produces an active and productive political elite. D. the nation's colonial heritage.