One of the possible roles governments can play in sponsoring growth is to
A) close the nation to trade in order to protect its domestic producers.
B) own more of the nation's resources in order to put them to use.
C) limit the use of property rights in order to decrease the harm they create.
D) make decisions for its citizens as to the most suitable job.
E) provide tax incentives to encourage saving.
E
You might also like to view...
The downturn in the immigration cycle beginning in the 1850s is attributable to which group?
(a) Children (b) Grandparents (c) Women (d) Men
Situations in which the assumption of efficient, competitive markets fails to hold are called:
A. market failures. B. inelastic-response markets. C. missing markets. D. market interventions.
Why do competitive firms enter the market in spite of the price war threatened by the dominant firm?
Use the law of diminishing utility to explain why a demand curve is typically downward-sloping.
What will be an ideal response?