Which one of the following is NOT a government failure?
A. The "bridge to nowhere" in Alaska
B. The FEMA reaction to Hurricane Katrina
C. Allowing federal budget deficits to be financed by foreigners while calling for further tax cuts to help incumbent politicians get reelected
D. Water pollution
D. Water pollution
Economics
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The poverty estimates include an imputation for the homeless
Indicate whether the statement is true or false
Economics
A monopolistically competitive firm will:
a. maximize profits by producing where MR = MC. b. not likely earn an economic profit in the long run. c. shut down if price is less than average variable cost. d. all of these.
Economics