Multiple Choice
A political function of government is to
A) encourage the consumption of government-sponsored goods.
B) provide public goods.
C) correct for externalities.
D) encourage the workings of the price system.
Correct Answer:

Verified
Correct Answer:
Verified
Q310: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" A shift from
Q311: Providing public goods is a(n)<br>A) economic function
Q312: One way of addressing the associated market
Q313: Which of the following is an example
Q314: Explain why an external benefit leads to
Q316: The opportunity cost of providing a public
Q317: When there is an external cost, the
Q318: If a nation's government determines that consumption
Q319: An externality is<br>A) a third-party benefit or
Q320: Positive externalities arise when<br>A) an unprofitable firm