The justification for government action based on the argument that everyone agrees to be coerced if everyone else is forced as well is not compatible with the criterion of Pareto superiority

What do you think Eminem's incentive is to give a free show? Was his decision made in self-interest or in the social interest? Explain your answer

What will be an ideal response?

An increase in the real interest rate occurs when ________

A) monetary policy responds automatically to an increase in inflation B) expected inflation increases, relative to the nominal interest rate C) an increase in autonomous spending causes an increase in equilibrium output D) all of the above E) none of the above