The federal government's role as the provider of national defense is justified by considerations of
A) Inequity.
B) Public goods.
C) Private goods.
D) None of the choices are correct.
Correct Answer:
Verified
Q31: Governments usually build highways because it is
Q32: If the economy relies entirely on the
Q33: Which of the following produces external benefits?
A)Garbage
Q34: If public goods were marketed like private
Q35: The central question in determining whether a
Q37: Which of the following explains why flood
Q38: When external costs result from the production
Q39: The market will overproduce goods that have
Q40: Which of the following explains what would
Q41: A merit good is
A)Income payments for which
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