Since 1960, real GDP has fluctuated to some extent; however, there has been virtually no overall growth when the entire time span is considered

Deficit financing has been part of U.S. history from the very beginning. The Continental Congress put the country into debt in order to continue its fight for independence from Great Britain. As is done today, Congress issued bonds

What will be an ideal response?

When misallocation of resources for production of a good results in spillover effects on third parties, there is a

A) market failure. B) government failure. C) legislative failure. D) productive failure.