Which of the following roles of the government is most fundamental to a society's ability to function safely and carry on normal economic and social life?
A) provider of health care
B) provider of education
C) provider of a justice system
D) holder of a monopoly of violence
E) regulator of free markets
Correct Answer:
Verified
Q1: When prices are determined in a free-market
Q2: Economists use the term "market failure" to
Q3: In a competitive market economy with no
Q4: The "informal defence" of free markets includes
Q6: Which of the following statements about market
Q7: Economists describe prices as "signals" in a
Q8: In a free-market economy that is continually
Q9: In a free-market economy,
A)temporary shortages and surpluses
Q10: In a free-market system,a disequilibrium in one
Q11: Which of the following statements about free-market
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