According to conservatives,large elaborate government bureaucracies
A) constitute an appropriate alternative to an outmoded market system.
B) are efficient and effective promoters of the general welfare.
C) are slow to respond to changes in economic conditions and difficult to control because of political considerations.
D) quickly assimilate the information necessary to provide appropriate remedies to most social problems.
E) rarely interfere or limit the economic freedom of individuals and businesses.
Correct Answer:
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Q1: Conservatives
A) argue that the government can do
Q2: Excluded from the generally recognized limitations of
Q4: Liberals
A) argue that the role of the
Q5: Goods that may be collectively consumed so
Q6: There appears to be some consensus that
Q7: Some economists,such as John Kenneth Galbraith,assert that
Q8: Public goods are generally financed by
A) user
Q9: A common argument against prices determined in
Q10: National defense is often cited as a
Q11: With which of the following statements would
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