Multiple Choice
Which of the following produces external benefits?
A) Garbage dumped in the Atlantic Ocean.
B) College students getting vaccinated against the flu.
C) Passive smoke in a public building.
D) All of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: The term transfer payments refers to<br>A)Federal income
Q11: Does a state sales tax function as
Q12: The market tends to underproduce public goods.
Q13: A monopoly occurs when<br>A)A firm gains some
Q14: Market failure can occur even when the
Q16: The fastest-growing areas for state expenditures are<br>A)Education
Q17: In the United States,direct expenditures for governments
Q18: The largest source of federal revenue is
Q19: Government intervention may be appropriate to correct
Q20: State income tax revenues are much less