Which of the following is the best example of a public good?
a. a national system of healthcare
b. an amusement park
c. city street lights
d. telephone service
c
Economics
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Which of the following is NOT an important factor affecting economic growth?
A) the rate of growth of capital B) the rate of saving C) the rate of growth in labor productivity D) the growth of leisure
Economics
If the supply curve is vertical, then supply is
A) relatively elastic. B) perfectly elastic. C) unit elastic. D) perfectly inelastic.
Economics
Discuss the Coasian reasoning with an example
Economics
Personal consumption expenditures consist of:
A. foreign plus domestic investments. B. foreign investments in the United States. C. household and individual purchases of services and durable and nondurable goods. D. domestic investments.
Economics