The market will produce ________ level of education when we ________ its external benefits.
A. more than an efficient; do consider
B. an efficient; do not consider
C. less than an efficient; do not consider
D. more than an efficient; do not consider
Answer: C
Economics
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In the figure above, a decrease in the quantity of oil supplied but NOT a decrease in the supply of oil is shown by a movement from
A) point a to point e. B) point a to point b. C) point a to point c. D) point a to point d.
Economics
_____ believe that a government that takes an active role in the economy may do more harm than good because economic policy operates with a long and variable lag
a. Traditional Keynesians b. Keynesians c. Monetarists d. Classical economists e. New classical economists
Economics