Collusive agreements tend to break apart because the incentive to cheat is so great

Indicate whether the statement is true or false

TRUE

Economics

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The takings clause indicates that private property can be seized only if the property in question is being taken for public use. Does "public use" mean using seized property only for pure public goods and services? Explain your answer

What will be an ideal response?

Economics

The President's statement that "to encourage economic growth, taxes should be cut"

A) would be an example of a normative statement. B) would be an example of a positive statement. C) would be an example of a microeconomic statement. D) would be a statement of mercantilist economic philosophy.

Economics