When investment funds are allocated by government rather than by markets,

a. profitable investments are more likely to take place.
b. political influence replaces market return as the basis for allocating funds.
c. funds will consistently be channeled into wealth-creating projects.
d. projects that are political boondoggles will be unlikely to be undertaken.


B

Economics

You might also like to view...

All of the following are examples of coupon bonds EXCEPT

A) corporate bonds. B) U.S. Treasury bills. C) U.S. Treasury notes. D) U.S. Treasury bonds.

Economics

Historically, the AMT has always affected a significant number of taxpayers

a. True b. False

Economics

If the Fed were to allow unemployment to remain at a higher level than NAIRU:

A. It would lead to deflation. B. the dual mandate would be violated. C. they would fail to maintain full employment. D. All of these statements are true.

Economics

Autonomous determinants of consumption expenditures are dependent on the level of current disposable income

a. True b. False Indicate whether the statement is true or false

Economics