Which of the following statements is not true?
A) Our government ensures that competition flourishes,that information flows freely,and that property rights are protected.
B) The price mechanism will work best if there are a enough firms in each industry to ensure that no one firm can influence price.
C) Environmental pollution is considered a market failure.
D) Everything produced by the public sector is a public gooD.
Correct Answer:
Verified
Q176: The price mechanism
A)works best when many competing
Q177: The goals of equity and _ are
Q178: Statement I: One major reason the Soviet
Q179: The U.S.economy does a very good job
Q180: One of the characteristics of a command
Q182: Karl Marx believed in which of the
Q183: According to most economists,
A)command-and-control regulations work better
Q184: Statement I: Capitalism is based on trust.
Statement
Q185: Statement I: It is the role of
Q186: Statement I: Nearly all economists prefer command-and-control
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