The government giving the ownership of a pond to a citizen to reduce over fishing is a method to prevent _____

a. the free rider problem
b. the tragedy of the commons
c. asymmetric information
d. deadweight loss

b

Economics

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Which of the following would cause the short-run aggregate supply curve to shift to the right?

A) an increase in the price level B) a technological advance C) a decrease in inflation expectations D) an increase in interest rates

Economics

Under a market system of resource allocation

a. prices determine what consumers buy while the government determines what firms produce b. prices determine what firms produce while the government determines what consumers buy c. prices determine both what firms produce and what consumers buy d. the government determines both what firms produce and what consumers buy e. the government allocates resources while prices allocate goods and services

Economics