Microeconomics

What is meant by the term "market failure"?

Started by Triley39

A free-market economy with perfect allocative efficiency does not exist in reality. Why?

Started by booty5

The concept of "institution building"is becoming more prominent. Which of the following best ...

Started by desireelg_7

In a free-market system, a disequilibrium in one market

Started by kms5229

Which of the following is characteristic of a free-market economy?

Started by wqwpfwpoefnpwenf

One part of the "informal defence" of the market system is the argument, made forcefully by the late ...

Started by Hunchojack2019!!

The main point about public choice theory is that

Started by yagurl

Governments continue to provide public support to some farmers, even in the absence of market ...

Started by frosh101

Economists generally agree that government intervention in the economy is appropriate

Started by xxxxxxxxxxxx

Most economists who study "public choice theory" now agree that an important possible source of ...

Started by poopoo

Which of the following is the best example of "rent seeking"?

Started by sh03641

Attempts by professional lobbyists in Ottawa to influence the government's subsidy to the ...

Started by xsk4r3kr0w

Economists describe prices as "signals" in a market economy because

Started by Katmoss16

Which of the following is the best example of adirectcost of government intervention?

Started by dhsndn

Which of the following is considered a direct resource cost of government intervention?

Started by Darron12

Which of the following statements concerning cost-benefit analysis is true?

Started by Darron12

Providing subsidies to for-profit firms that offer day-care services represents government ...

Started by xsk4r3kr0w

Redistribution often reduces overall efficiency. This ________ that such programs should not be undertaken.

Started by wqwpfwpoefnpwenf

The government prohibits individuals from paying someone else to replace them when they are selected ...

Started by Adc3669

Which of the following statements about the price system is most accurate? The price system

Started by unreallynx

The government has seatbelt and airbag requirements in cars, and laws requiring individual drivers ...

Started by rissygurl1124

The Canadian government operates aprogressivepersonal income-tax system. What broader social goal is ...

Started by allihubbard

Services such as those within the justice system are usually provided by the government. What ...

Started by tashina2013

Pollution is a leading cause for declining fish population around the world. What is another major cause?

Started by rubiosusy7

Which of the following proposals could be an example of an effort to correct for an adverse selection problem?

Started by bvyeehaw