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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 21
Circle the letter that corresponds to the best answer. Which statement is true?
A) The huge federal budget deficit was caused by market failure.
B) Market failure is the main reason that we need public goods and services.
C) Public goods and services are always free.
D) None of the above.
A) The huge federal budget deficit was caused by market failure.
B) Market failure is the main reason that we need public goods and services.
C) Public goods and services are always free.
D) None of the above.
Explanation
Verified
Verified
Market failure occurs when market fails ...
Macroeconomics 11th Edition by Stephen Slavin
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