Public goods are usually provided by
a. private industry in private markets
b. the government
c. producers who produce for consumers, that is, for the public
d. internal markets
e. the public, such as you and your neighbors
B
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To operate efficiently, an economy generally "needs" ________ unemployment
A) structural B) cyclical C) seasonal D) frictional
A major objective of tax policy should be to
a. avoid distortions in resource allocation while raising revenue b. divert savings from the private to the public sector c. increase the government's ability to direct the economy d. supplement resources entering the country from foreign aid e. all of the above
In order for a strike to be successful, the union must decrease the supply of both union and non-union labor
a. True b. False
As an investor, would you agree to the statement "put all your eggs in one basket?" Substantiate your answer