Multiple Choice
The questions of what type of public goods to produce and how much to produce are resolved _____
A) in product markets.
B) in resource markets.
C) only by central planners.
D) through public choices.
E) through referenda.
Correct Answer:

Verified
Correct Answer:
Verified
Q120: Special-interest groups _<br>A)increase inefficiency through poor allocation
Q121: A good that is nonrival but exclusive
Q122: If general tax revenues were used to
Q123: Special-interest legislation in a representative democracy benefits
Q124: Consumers concentrate on private choices rather than
Q126: An important feature of representative democracy is
Q127: Which of the following is true of
Q128: A carpenter builds a bookcase for an
Q129: If elected officials are assumed to be
Q130: We can usually explain the outcome of