The question of whether the public or the private sector is appropriate to provide public goods must be decided on a case by case basis

In the United States, individuals are forced to make choices

a. because time is scarce, though spending power is not b. because spending power is scarce, though time is not c. though neither time nor spending power are scarce d. because both time and spending power are scarce e. because living standards are low

A __________ exchange rate policy sets a fixed and unchanging value for the exchange rate against another currency.

a. soft peg b. floating c. hard peg d. defined