Which of the following cases was most important in arguing that the "public good" was best served by competition?

Shoe leather costs are

A) the costs in time and effort incurred by people and firms who are trying to minimize their holdings of cash because of inflation. B) the costs of changing prices, such as printing and mailing catalogues. C) the costs of the redistribution of wealth between lenders and borrowers. D) the costs associated with the confusion of prices as signals.

According to the World View chart in the text, from highest to lowest real GDP per capita, which is correct?

A. United States, Japan, France, Canada, China. B. United States, Canada, Germany, Japan, South Korea. C. United States, China, India, Jordan, Germany, Japan, Russia. D. United States, China, Japan, Germany, Russia.