Which of the following is a disadvantage of the benefit principle?
a. It cannot be applied to transfer programs.
b. It does not apply to user charges.
c. It is completely incompatible with efficiency.
d. It closely resembles a market price.
a
Economics
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The collapse of the subprime mortgage market
A) did not affect the corporate bond market. B) increased the perceived riskiness of Treasury securities. C) reduced the Baa-Aaa spread. D) increased the Baa-Aaa spread.
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The group of countries more likely to have a high number of telephone lines per 1,000 people is
a. high-income countries b. zero-income countries c. infinite-income countries d. low-income countries e. middle-income countries
Economics