Solved

In Contrast to the Conclusions Drawn from Microeconomics, Many Economists

Question 127

Multiple Choice

In contrast to the conclusions drawn from microeconomics, many economists argue that in macroeconomics, government:


A) control of rent prices increases overall economic activity.
B) intervention in markets usually leaves society as a whole worse off.
C) taxation of goods and services does not cause a deadweight loss of economic welfare.
D) intervention in markets can prevent or reduce the effects of adverse events on the macroeconomy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions