An example of a public good that the government has made excludable is:
A. city buses.
B. sewer systems.
C. police protection.
D. national defense.
A. city buses.
Economics
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An inferior good has a ________ elasticity of demand
A) positive income B) negative income C) negative cross D) positive cross E) negative price
Economics
The rarest migration pattern is for people to move permanently from
A) poor countries to richer countries. B) poor countries to other poor countries. C) rich countries to poor countries. D) rich countries to other rich countries.
Economics
Explain why advertising is very important to a monopolistically competitive firm but not to a perfectly competitive firm or a monopolistic firm
Economics
When the economy is in equilibrium, savings equals planned investment.
Answer the following statement true (T) or false (F)
Economics