Which of the following is the best example of a public good?
a. a national system of healthcare
b. an amusement park
c. city street lights
d. telephone service
c
Economics
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An asset is considered liquid if it
A) can be used as a store of value. B) has a guaranteed rate of return. C) is indexed to the rate of inflation. D) acts as a medium of exchange. E) none of the above
Economics
The slope of the total production curve becomes:
A. steeper when marginal product decreases. B. flatter when marginal product decreases. C. negative when marginal product decreases. D. None of these is true.
Economics