If government intervention fails to improve economic outcomes, the result is known as:
a) Mixed economy failure.
b) Market failure.
c) Government failure.
d) Laissez faire.
Answer: c) Government failure.
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Policy B will be judged to be better than another by the Pareto criterion when
a. Policy B is preferred unanimously. b. Policy B would win a majority of votes. c. there is no deadweight loss associated with Policy B. d. any fair minded person would recognize that Policy B is fair and equitable.
Yesterday, the dollar was trading in the foreign exchange market at 1.10 euros per dollar. Today, the dollar is trading at 1.20 euros per dollar
The dollar has ________ and a possible reason for the change is ________ in the expected future exchange rate. A) appreciated; because there has been no change B) depreciated; a decrease C) appreciated; a decrease D) appreciated; an increase E) depreciated; an increase
The supply of money is depicted as an upward sloping line that depends directly on the interest rate
a. True b. False Indicate whether the statement is true or false
Which method of corporate finance is used the most? Why?
What will be an ideal response?