In the Solow model, if k = 8, y = 24, and s = 0.25, what is c?

Economists who support market-based reforms for health care believe that increased competition among providers of health care would

A) increase costs but increase economic efficiency. B) increase costs and decrease economic efficiency. C) decrease costs and increase economic efficiency. D) decrease costs but decrease economic efficiency.

Some individuals seek to use government action to make themselves better off at the expense of others. The actions of these individuals

A) are evidence of the voting paradox. B) are examples of fraud; but these individuals usually avoid prosecution because of logrolling and rational ignorance. C) offer proof that Adam Smith's "invisible hand" is not valid. D) are examples of rent seeking.