Multiple Choice
The theory of public choice
A) is the theory of how government decides on what military hardware to purchase.
B) considers government decision-making efficient.
C) is the study of collective decision making.
D) is the study of how negative externalities can be reduced.
Correct Answer:
Verified
Correct Answer:
Verified
Q68: Public goods are<br>A) any goods or services
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" A shift from
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q71: External costs can be defined as<br>A) the
Q72: When a person throws a cigarette out
Q74: Market failures occur when<br>A) externalities exist.<br>B) economic
Q75: Which of the following checks issued by
Q76: An example of an in-kind transfer is<br>A)
Q77: One way that the government encourages the
Q78: To correct for positive externalities the government<br>A)