The lion’s share of purchases and transactions in the U.S. economy are made with coins and paper money.

One benefit to private sector production of a collective consumption good is _____

a. it overcomes the free riding problem b. private producers can often bundle the good with something else people value c. profits from private companies can be taxed d. provides information valuable in allocating future resources

The twin problems of the U.S. health care industry are:

A. rapidly rising costs and unequal access to health care. B. declining quality of health care and the duplication of specialized equipment at hospitals. C. declining per capita spending on health care and the moral hazard problem. D. the decline in the number of family physicians and the failure to vaccinate children.