The biggest and most expensive of all services provided by local governments is

Perhaps Government's most important responsibility in a free market economy is to __________

a. ensure competition b. provide education c. restrain labor unions d. support agriculture

According to Figure 14.5, under what circumstances should we expect to see budget surpluses?

a. when government spending is high b. when taxes are low c. when the economy is experiencing turbulence d. when the economy is thriving