Discuss the history of government’s investments decisions
Please provide the best answer for the statement.
The government has been known to secure funding for private businesses that are unable to obtain funding from other sources. Researchers have found that these investments offer low or negative rates of return and allow for inefficient firms to survive when competition otherwise would have forced them from the market. Government investments often appear to be examples of rent-seeking and the special interest effect. Firms that benefit from the investment often make significant contributions to politicians and investment decisions appear to be based on political connections. The result is a substantial opportunity cost, lost resources from more profitable projects, and biased investment decisions.
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The long-run labor demand curve is:
A. more elastic than the short-run labor demand curve. B. less elastic than the short-run labor demand curve. C. either more or less elastic than the short-run labor demand curve. D. perfectly elastic (horizontal).
Factors that influenced planned investment spending include
A) real interest rates. B) financial frictions. C) emotional waves of optimism and pessimism. D) all of the above. E) A and C.
Mary Ann and Don provide catering services in a perfectly competitive market. When they started in business, the going rate was $50 per person per meal. After the price increased to $60, they became willing to supply more meals. Their response to the price change is shown by
a. a rightward shift of the market supply curve b. a leftward shift of the market supply curve c. movement up along their firm's marginal cost curve d. movement down along their firm's marginal cost curve e. a rightward shift in their demand for jobs
Working efficiently, Jordan can write 3 essays and outline 4 chapters each week. It must be true that:
A. 6 essays and 0 chapter outlines would be unattainable. B. 3 essays and 5 chapter outlines would be unattainable. C. 2 essays and 3 chapter outlines would be efficient. D. 4 essays and 3 chapter outlines would be both attainable and efficient.