If charity is a collective consumption good then government redistribution of resources can be justified on the basis that _____
a. government can act as a catalyst to encourage more private giving
b. government helps deal with the prisoner's dilemma problem
c. government overcomes the free riding problem
d. government consumption is one-third of gross domestic product
c
Economics
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In the Keynesian framework, as long as output is ________ the equilibrium level, unplanned inventory investment will remain ________, firms will continue to raise production, and output will continue to rise
A) below; negative B) above; negative C) below; positive D) above; positive
Economics
Suppose your employer offers to match funds you place into a savings plan as long as you purchase the company stock and hold it for at least three years. Which of the following is true?
What will be an ideal response?
Economics