Government can use its ability to coerce towards improving economic efficiency by:

A. Reducing the production of output with external benefits
B. Reducing the production of output with public-goods characteristics
C. Increasing the production of output with external benefits
D. Increasing the production of output with external costs

C. Increasing the production of output with external benefits

Economics

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A period of economic expansion ends with a business cycle trough

Indicate whether the statement is true or false

Economics

The assumption of rational self-interest does not rule out the possibility of concern for other individuals

a. True b. False

Economics