Question 1

The so-called "bridge to nowhere" in Alaska is an example of

Accepted Answer

A) a market failure. 
B) the incentive for politicians to bring home as much federal money as possible. 
C) a government failure. 
D) a market failure AND the incentive for politicians to bring home as much federal money as possible. 
E) the incentive for politicians to bring home as much federal money as possible AND a government failure. 
A) a market failure. 
B) the incentive for politicians to bring home as much federal money as possible. 
C) a government failure. 
D) a market failure AND the incentive for politicians to bring home as much federal money as possible. 
E) the incentive for politicians to bring home as much federal money as possible AND a government failure.

Question 2

Producers have an incentive to produce those goods most desired by consumers at the lowest price in

Accepted Answer

A) a centrally planned economy. 
B) a communist economy. 
C) a market economy. 
D) All of the choices are true. 
A) a centrally planned economy. 
B) a communist economy. 
C) a market economy. 
D) All of the choices are true.

The so-called "bridge to nowhere" in Alaska is an example of

Producers have an incentive to produce those goods most desired by consumers at the lowest price in

A Brief Economic History of the United States

Resource Utilization

Supply and Demand

The Household Consumption Sector

The Business Investment Sector

The Government Sector

The Export-Import Sector

Gross Domestic Product

Economic Fluctuations, unemployment, and Inflation

Classical and Keynesian Economics

Fiscal Policy and the National Debt

Money and Banking

The Federal Reserve and Monetary Policy

A Century of Economic Theory

Economic Growth and Productivity

Demand,supply,and Equilibrium

The Price Elasticities of Demand and Supply

Theory of Consumer Behavior

Cost

Profit, loss, and Perfect Competition

Monopoly

Monopolistic Competition

Oligopoly

Corporate Mergers and Antitrust

Demand in the Factor Market

Labor Unions

Labor Markets and Wage Rates

Rent, interest, and Profit

Income Distribution and Poverty

International Trade

International Finance

Filters

Exam 3: The Mixed Economy

The so-called "bridge to nowhere" in Alaska is an example of

Producers have an incentive to produce those goods most desired by consumers at the lowest price in

A Brief Economic History of the United States

Resource Utilization

Supply and Demand

The Household Consumption Sector

The Business Investment Sector

The Government Sector

The Export-Import Sector

Gross Domestic Product

Economic Fluctuations, unemployment, and Inflation

Classical and Keynesian Economics

Fiscal Policy and the National Debt

Money and Banking

The Federal Reserve and Monetary Policy

A Century of Economic Theory

Economic Growth and Productivity

Demand,supply,and Equilibrium

The Price Elasticities of Demand and Supply

Theory of Consumer Behavior

Cost

Profit, loss, and Perfect Competition

Monopoly

Monopolistic Competition

Oligopoly

Corporate Mergers and Antitrust

Demand in the Factor Market

Labor Unions

Labor Markets and Wage Rates

Rent, interest, and Profit

Income Distribution and Poverty

International Trade

International Finance

Filters