The __________ suggests that government must exert a far more ...

[dejastew]

The __________ suggests that government must exert a far more extensive role in
  markets, given that self-interested incentives create wide-ranging market failures.
 
  a. invisible hand model
  b. law and regulation model
  c. professional ethics model
  d. incentive-compatible institutional design

Question 2

Duties and obligations are
 
  a. completely different concepts
  b. a belief that people should act to maximize the utility of everyone involved
  c. the view that people ought to do whatever is in their self-interests.
  d. a requirement to do something

[Bison]

Answer to Question 1

B

Answer to Question 2

D

[dejastew]

YES! Correct, THANKS for helping me on my review

[connor417]

Thanks for the timely response, appreciate it