An example of a public good or service provided by the federal government is
A) garbage collection.
B) regulating gasoline prices.
C) space exploration.
D) determining the number of doctors admitted to medical school.
E) setting each state government?s budget.
Ans: C) space exploration.
Economics
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In the above figure, a recession begins at point ________ and an expansion begins at point ________
A) a; b B) b; c C) b; a D) d; c
Economics
Crowding-out is eliminated when the LM curve is ________, so that expansionary fiscal policy ________ the interest rate
A) vertical, does not affect B) vertical, raises C) horizontal, does not affect D) horizontal, raises
Economics