According to the economic way of thinking, it is efficient to support a system of law and order through taxation because

A) we need law and order.
B) law and order are not free goods.
C) law and order create significant spillover benefits.
D) citizens ultimately despise law and order.

C

Economics

You might also like to view...

"Liquidity" refers to the ability to change money into assets

Indicate whether the statement is true or false

Economics

According to the Rule of 70, it takes 70 years for a sum of money to double in value when the interest rate is 5 percent

a. True b. False Indicate whether the statement is true or false

Economics