Author Question: Governments exist to A) maintain property rights. B) provide non-market mechanisms for ... (Read 142 times)

Davideckstein7 · **on:** Jun 29, 2018

Governments exist to

A) maintain property rights.
B) provide non-market mechanisms for allocating scarce resources.
C) implement arrangements that redistribute wealth and income.
D) all of the above.

Question 2

An increase in the production of capital goods

A) must increase the current production of consumer goods.
B) must decrease the future production of consumer goods.
C) shifts the production possibilities frontier inward in the future.
D) shifts the production possibilities frontier outward in the future.