Which of the following is NOT an economic function of government?
A) providing a legal system
B) ensuring economic stability
C) providing government-inhibited goods
D) promoting competition
C
You might also like to view...
The above figure shows Katie's consumption possibilities. The relative price of a restaurant meal is
A) 1 movie ticket. B) 0.25 movie tickets. C) 4 movie tickets. D) 2 movie tickets.
What does the text mean by the question, "Where Is All the Currency?" How does it answer the question?
Which one of the following would count as investment in the GDP accounts?
A. Purchase of a new airplane by an airline. B. Purchase of a U.S. government bond. C. Purchase of 100 shares of Wal-Mart stock. D. Purchase of an existing house.
In which of the following ways is a monopolistically competitive firm like a perfectly competitive firm?
A. Short-run economic profits are always positive. B. Long-run economic profits are negative. C. Long-run economic profits are positive. D. Long-run economic profits are equal to zero.