According to the Keynesian school of thought, the economy is not self-regulating. That is, to achieve a satisfactory level of real GDP, the government often has to intervene by managing aggregate demand

Conflicts of interest are a type of ________ problem that can happen when an institution provides multiple services

A) adverse selection B) free-riding C) discounting D) moral hazard

A property right _____

a. gives the owner the right to do whatever she pleases with the property b. applies to homes and cars, but not to other types of property c. does not free an individual from related obligations d. is limited by a person's ability to protect it from predators