A public good
A) is a good that is usually consumed in public, such as a restaurant meal.
B) is a good people can consume even if they do not pay for it.
C) is a good produced by government.
D) results in an efficient allocation of resources.
E) is a good for which people are willing to pay a very high price.
B
Economics
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Which one of the following is not a function of money?
A. open market operation B. store of value C. medium of exchange D. unit of account
Economics
It is argued that a tariff may help promote employment in a single industry, but is not likely to help employment in general. Discuss
What will be an ideal response?
Economics