The case in which public policies do NOT result in an optimal allocation of resources is called
A) allocative disturbance.
B) government failure.
C) suboptimal distribution.
D) market failure.
Correct Answer:
Verified
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Q115: Soil is a resource that is
A) continual
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Q117: All of these will lead to market
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A)
Q120: Government failure occurs when
A) public policies do
Q121: The result of the incentives of politicians
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A)
Q123: A _ discount rate means the value
Q124: Which discount rate would result in society
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