Which of the following is not generally considered a failing of market economies?
a. Market economies can have severe swings from boom to bust.
b. Market economies tend to underprovide public goods.
c. Market economies tend to promote equity at the expense of efficiency.
d. Market economies can misallocate resources when property rights are ill defined.
c
Economics
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If GDP is currently $13 trillion and is growing at a rate of 2.3% per year, how long will it take GDP to reach $26 trillion?
A) about 15 years B) about 17 years C) about 25 years D) about 30 years
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Approximately how many women were estimated to be "missing" in China?
(a) 20-30 million (b) 35-48 million (c) 44-50 million (d) 52-58 million
Economics