A good example of a merit good is

a. community colleges
b. national security
c. lighthouse
d. sewer systems
e. traffic lights

A

Economics

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An analyst on a local news channel argues that the recent corporate scandals "demonstrated very clearly that self-interest always contradicts social interest." Do you agree or disagree? Substantiate your answer

What will be an ideal response?

Economics

When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the ________ curve for illegal drugs ________

A) demand; rightward B) demand; leftward C) supply; rightward D) supply; leftward

Economics