To combat the undersupply of public goods, a solution is:
A. to change social norms around consumption of the good.
B. for the government to step in and provide it directly.
C. put a quota on the amount that people can consume.
D. to place a quota on the consumption of the good.
Answer: B
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Which is true?
a. China implemented a one child/one family policy in order to limit population growth. Country leaders realized that the country's resources would not be sufficient for a growing population b. when a country's population rises faster than its output of goods and services the average citizen will be worse off c. economists believe that the best method that a country can employ to reduce population growth is to provide women with more educational and career opportunities d. all
Factors that can cause the supply curve for bonds to shift to the right include
A) an expansion in overall economic activity. B) a decrease in expected inflation. C) a decrease in government deficits. D) a business cycle recession.