The most rapid expansion in the use of electricity was in the period from

Many economists argue that an incentive to save is

A) strengthening the property rights that savers have to the physical capital they purchase. B) greater government regulation of the banking and securities industries. C) a tax on consumption rather than on income. D) a tax on income rather than a tax on consumption. E) high income tax rates.

Broomfield city council is deciding how many police officers the city needs. Broomfield's population is 10,000 people. The marginal cost of a police officer is $60,000 per year

The marginal benefit schedule of an average city resident from police protection is shown in the table above. Police protection is a public good. The marginal benefit for all of Broomfield from hiring the 4th police officer is A) $56,000. B) $5.60. C) $8,000. D) $6.00.