Government can
A) Create wealth by not interfering in the markets in any way what so ever
B) Not affect wealth in the markets
C) Create wealth by enforcing property rights and contracts
D) Create wealth by making choice decisions for the market
Correct Answer:
Verified
Q31: A retailer X that is operating at
Q32: Price gouging
A)Outlaw trade at prices above a
Q33: If company X is successfully outsourcing its
Q34: You are sick and tired of your
Q35: Rent controls
A)are an example of price floors.
B)are
Q37: Government intervention
A)can provide incentives to conduct business
Q38: Wealth is created when
A)Assets move from lower
Q39: Government can intervene in the market through
A)Price
Q40: Which of the following describes a firm?
A)Purchases
Q41: Price ceilings cause
A)Some suppliers to drop out
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