« previous next »

Author Question: All of the following were classical economists EXCEPT A) Adam Smith B) A. C. Pigou C) David ... (Read 65 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
All of the following were classical economists EXCEPT
 
  A) Adam Smith
  B) A. C. Pigou
  C) David Ricardo
  D) John Maynard Keynes.

Question 2

When a good causes positive external benefits to accrue to third parties, an unfettered market will
 
  A) under-allocate resources to the good causing the benefit.
  B) over-allocate resources to the good causing the benefit.
  C) cause the equilibrium quantity, established before the benefit is taken into account, to be produced more efficiently.
  D) eliminate such goods.


janeli1

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
Jacques-Louis David, The Death of Socrates. Jacques-Louis David, The Death of Socrates.
Phillip K. Smith III, Lucid Stead. Phillip K. Smith III, Lucid Stead.
David Reimer, whose story is recounted here. David Reimer, whose story is recounted here.
Economic activity as viewed by environment and ecological economists Economic activity as viewed by environment and ecological economists
Passenger Space Oddity (David Bowie Cover) Passenger Space Oddity (David Bowie Cover)
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library