Which of the following is a public good?
a. Air traffic control. b. National defense.
c. Clean air. d. All of these.
d
Economics
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When the U.S. Treasury sells gold, the immediate effect is that __________ and __________
A) reserves increase; currency in circulation decreases B) reserves decrease; currency in circulation increases C) reserves increase; Treasury deposits decrease D) reserves decrease; Treasury deposits increase
Economics
During the 1900-1950 period,
a. the growth of real GDP was more stable than has been the case since 1950. b. unemployment seldom exceeded 4 percent of the labor force. c. double-digit swings in real GDP during a single year were not uncommon. d. the money supply was increased at a constant annual rate of between 4 percent and 6 percent throughout the period.
Economics