When analyzing stages of economic development in the United States, it appears that we have entered the "tertiary stage." This is a stage marked by a shift toward

The equity argument for government financing of education _____

a. is dependent upon the socialization argument b. does not imply government financing c. does not imply government production d. is dependent upon externalities being inframarginal

For the United States, one important benefit of foreign trade is

A. reality checks in the economy. B. less domestic competition. C. decreased domestic competition. D. access to cheaper goods and services.