Relative to fiscal policy, monetary policy
a. has fewer harmful side effects.
b. requires much more time to implement.
c. is more closely controlled by Congress.
d. is much more independent of the political process.
D
Economics
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A free-rider problem exists for any good that is not
a. rival in consumption. b. a private good. c. free. d. excludable.
Economics
The emergence of English as the de facto world language ________ a comparative advantage in the production of books, movies and popular music.
A. has given all countries B. has given non-English-speaking countries C. has no effect on which country has D. has given English-speaking countries
Economics