State universities and community colleges, the National Endowment for the Arts, public libraries, art galleries, and museums are all examples of

a. exclusive goods
b. rival goods
c. merit goods
d. public goods
e. private goods

C

Economics

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________ protection, similar to the escape clause in U.S. law, refers to temporary protection given to local industries facing competition from fairly traded foreign products

A) Safeguards B) Countervailing duty C) Fair trade D) Competitive trade

Economics

Counting only qualified and part-time workers as employed tends to understate the actual amount of unemployment

Indicate whether the statement is true or false

Economics