List the three coordination decisions made by every economy
a. Where? When? How?
b. How? What? To whom?
c. Why? Where? What?
d. When? To Whom? Where?
b
Economics
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If the government ran a major deficit, and there was no noticeable effect on the level of GDP, this could be taken as evidence of
a. crowding-in. b. structural deficit. c. crowding-out. d. monetary policy ineffectiveness.
Economics
Refer to the table. The outcomes of the three possible sets of paired-choice majority votes illustrate the:
A. paradox of voting.
B. inefficiency of logrolling.
C. principal-agent problem.
D. the benefits of majority rule.
Economics