Government can

a. Create wealth by not interfering in the markets in any way what so ever
b. Not affect wealth in the markets
c. Create wealth by enforcing property rights and contracts
d. Create wealth by making choice decisions for the market

c

Economics

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The change in cost that results from a one-unit increase in output is called the

A) average fixed cost. B) per-unit variable cost. C) per-unit total cost. D) marginal cost. E) average cost change.

Economics

The Friedman Rule is optimal because

A) households would be able to buy more as prices decrease. B) the central bank has better control of the money supply. C) money is neutral. D) households are indifferent between holding bonds and money.

Economics