As long as a public sector activity will generate benefits regardless of the costs, the activity should definitely be undertaken.
Answer the following statement true (T) or false (F)
False
Public sector activity should generate benefits that are greater than or equal to the costs of producing them.
Economics
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The amount of time that it takes to identify a national economic problem is
A) the effect time lag. B) the action time lag. C) the recognition time lag. D) fiscal policy.
Economics
When uncertainty over the timing of death is added to the LCH, this ________ the planning horizon and ________ the MPC for transitory income
A) shortens, raises B) shortens, lowers C) lengthens, raises D) lengthens, lowers
Economics