One way the government decides how to pay for public goods is:
A. how easy it is to exclude people who don't pay.
B. determining who uses the good the most and increasing their property taxes.
C. comparing individual's marginal benefits of the good.
D. polling the public about the most appropriate funding measures.
A. how easy it is to exclude people who don't pay.
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Which of the following results from a price ceiling? i. increased search activity ii. surplus iii. black market
A) i only B) i and iii C) ii and iii D) i, ii, and iii E) ii only
In the presence of negative pollution externalities, it is more efficient to have Cournot competitors than Bertrand competitors.
Answer the following statement true (T) or false (F)
What would best describe the international capital markets?
A) the market of exchange of bonds B) the market of exchange of stocks C) the market of exchange of real-estate D) the market in which residents of different countries trade assets E) the currency market
The U.N.'s Millennium Aid Goal is for nations to increase their foreign aid levels to 0.7 percent of donor country GDP.
Answer the following statement true (T) or false (F)