Factors that impede the attainment of economic efficiency in the public sector are called:
A), externalities.
B) voting irregularities.
C) government failures.
D) market failures.
C) government failures.
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Which of the following is most liquid?
A) a share of stock B) a corporate bond C) a government bond D) a $100 bill
The antitrust laws regulate all of the following business decisions except ____
a. collusion b. mergers c. monopolistic practices d. price discrimination e. wage levels
The welfare rolls today are
A. much higher than they were in 1994. B. A little higher than they were in 1994. C. a little lower than they were in 1994. D. much lower than they were in 1994.
Which of the following taxes is most easily shifted?
A. a tax on imported rice B. an income tax that allows for no deductions of exemptions C. a uniform tax on land D. a retail sales tax