The self-interest model of government:
a. suggests that government officials are selfish.
b. explains why there are limits on government taxation and spending.
c. shows who some government projects take place even if the cost exceeds the benefits.
d. All of the above.
Answer: b. explains why there are limits on government taxation and spending.
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a. Many companies selling similar but not identical products. b. A very few companies selling identical products. c. One company sells several different products under different names. d. One company sells the identical product under different names.
Only Federal Reserve banks can issue paper currency in the United States, and their power to do so is virtually unlimited
a. True b. False Indicate whether the statement is true or false