Which of the following is an activity of government that is not an activity of private firms?
A) Enforcing involuntary transactions.
B) Paying equitable wages.
C) Creating positive externalities.
D) Pursuing economic efficiency.
Correct Answer:
Verified
Q1: Information problems create inefficient outcomes in
A) the
Q8: Individual accountability within the government bureaucracy
A) tends
Q9: In a market economy, the government's power
Q12: In what way, if any, does the
Q14: Government officials tend to make
A) better economic
Q16: Weak government enforcement of contracts and laws
Q65: In representative democracy, voters are _ and
Q75: In corporations, owners are _ and managers
Q102: As it relates to corporations, the principal-agent
Q130: As it relates to the political process,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents