The most appropriate level of government to provide public goods is:
A. dependent on the specific public good in question.
B. local.
C. state.
D. federal.
Answer: A
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Students arriving late to class are a potential negative externality because their tardiness may interrupt the instructor and distract students
Can you think of any way in which this externality could be curbed? That is, can you think of any methods that could be employedto internalize this negative externality?
All group decisions are Pareto superior moves
a. True b. False
An example of a cost of economic growth is
A) longer life spans. B) political instability. C) alienation. D) increases in illiteracy.
Cannon Mills used to be virtually the only employer in Kannapolis, North Carolina. What is the name for a single hirer of labor, and how do wages and the number of jobs available compare to a competitive labor market?
What will be an ideal response?