A market economy alone cannot sustain public goods because
A. no one would want to take advantage of public goods
B. people would be free riders if they could be
C. people would try to sell each other public goods
D. participants in a market economy are imperfectly rational
B
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According to Sidgwick, the ultimate good is:
a. pleasure understood as a moral fact. b. pleasure understood as desirable consciousness. c. pleasure understood as maintaining virtue. d. a and b. e. b and c.
The essence of the Gestalt system is found in the work of the philosopher ____.
a. Kant b. Leibnitz c. La Mettrie d. Locke e. James Mill
As traditionally communist countries move from economies based on pure socialism to economies that combine the best of socialism and capitalism, there has been great debate. Which of the following would best represent the beliefs of followers of Smith and Locke toward mixed economies?
A. government intervention tolerate by mixed economies does more harm than good. B. allowing businesses to operate without government oversight worsens economic problems C. mixed economies diminish utilitarian benefits of free markets in terms of human rights D. governments will favor business interests
Empiricism is the view that
A. knowledge of the external world cannot be obtained by sense experience alone. B. all knowledge of the external world is based on sense experience. C. knowledge of the external world is impossible. D. all knowledge of the external world is based on reason.