Goods and services that cannot or will not be provided by the market because their costs are too high or their benefits too diffuse are called
a. natural monopolies
b. public goods
c. monopolies
d. externalities
b. public goods
Political Science
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Franklin Roosevelt referred to the presidency as a “bully pulpit”—a platform from which to push his agenda to the public.
A. True B. False
Political Science
Which argument represents protectionist thinking?
What will be an ideal response?
Political Science
The Big Mac index relates to ______.
a. purchasing power parity b. economic education equality c. balance-of-payments d. patronage politics
Political Science
Europe's single currency, the euro, has to some extent
a. failed as a common currency. b. decreased its value relative to the dollar. c. not been sought after by other investors and businesses. d. displaced the dollar as the standard currency for international transactions.
Political Science