The most important function of middlemen is to
A) act as marketing agents for producers.
B) expand the number of jobs in the economy.
C) produce valuable information and lower transaction costs.
D) protect consumers from exploitation.
E) stand between buyers and sellers to control markups.
C
Economics
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Which of the following increases the political power of special interest groups and makes counterproductive government action more likely?
a. logrolling and pork barrel legislation b. the rational-ignorance effect c. public goods d. both a and b, but not c
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Which of the following statements is accurate regarding the Building account?
Economics