Multiple Choice
Medicare and Social Security are examples of
A) transfer payments.
B) public goods.
C) programs that do not respond to rational economic incentives.
D) a free market system.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: A lighthouse that serves a dangerous coastal
Q39: An example of a negative externality created
Q40: Private goods are those goods<br>A) that violate
Q41: The political functions of government differ from
Q42: A paint firm has just announced that
Q44: An externality exists when<br>A) goods are sold
Q45: The government corrects for externalities in all
Q46: What happens in public schools when government
Q47: Which of the following might be a
Q48: In the United States, which of the