Government goods and services are usually:
A) not rationed by prices.
B) sold in markets.
C) made available to persons according to their willingness and ability to pay.
D) financed by revenue obtained from sales.
Correct Answer:
Verified
Q25: Federal government expenditures in the United States
Q26: Government purchases for consumption and investment:
A)are made
Q27: What is the difference between transfer payments
Q28: Nonmarket rationing means that:
A)those willing to pay
Q29: Taxes:
A)are prices paid for the right to
Q31: Transfer payments by the federal government in
Q32: During which of the following time periods
Q33: State and local government expenditure in the
Q34: The U.S.economy is best characterized as a:
A)pure
Q35: If the economy is operating at full
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