Markets are generally more effective at providing ________ and governments are most effective at providing ________
A) pure public goods; common pool resources
B) pure private goods; pure public goods
C) common pool resources; club goods
D) club goods; pure private goods
B
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An example of a macroeconomic model is one that considers
a. how the price of chicken influences the quantity of chicken bought. b. why the size of the total national output depends on the size of total spending. c. how the output of a product is influenced by the cost of production for the product. d. All of these.
For federally chartered banks, the "primary" federal regulator is the
A) Federal Reserve. B) FDIC. C) House Banking Committee. D) Comptroller of the Currency.
Monopolistic competition and monopoly are examples of a market structure called imperfect competition
a. True b. False Indicate whether the statement is true or false
A home appliances supplier offers substantial discounts to customers if they buy several of the firm’s products. When bought together, these items cost considerably less than the sum of the prices of the items if they were bought separately. Which pricing arrangement is being discussed here?
A. Price dealing B. Tacit collusion C. Bundling D. Skimming