Which of the following is not a cause of market failure?
A) Incomplete information
B) Externalities
C) Individuals acting according to their own self-interest
D) Public goods
C
Economics
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To complete the theory of exchange rates, a model should be created that:
a. accommodates short-run changes in variables. b. accommodates long-run changes in variables. c. accommodates changes in expectations. d. accommodates short-run and long-run changes in variables and changes in expectations
Economics
If the government raises the tax on cigarettes, what is the effect on people's incentives and choices?
What will be an ideal response?
Economics