Disadvantages of decentralization are
A. intercommunity externalities.
B. forgone scale economies in the provision of public goods.
C. inefficient taxation.
D. the lack of ability to redistribute income.
E. all of these answer options are correct.
E. all of these answer options are correct.
You might also like to view...
What are the different things that are not accounted for in the calculation of the GDP of a country?
What will be an ideal response?
An economy's ________ during a recession
A) labor supply curve shifts to the right B) labor demand curve shifts to the right C) labor supply curve shifts to the left D) labor demand curve shifts to the left
Decision making that seeks only solutions that are acceptable is called
A. optimizing. B. satisficing. C. benchmarking. D. maximizing.
If the government wished to institute a set-aside program to support the price at P1 rather than P2 in Figure 29.1, by how much would market output be reduced?
A. Q3 to Q2. B. Q5 to Q1. C. Q3 to Q1. D. Q4 to Q2.