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Author Question: Governments exist to A) maintain property rights. B) provide non-market mechanisms for ... (Read 95 times)

Davideckstein7

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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.


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Amiracle

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Davideckstein7

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Reply 2 on: Jun 29, 2018
Wow, this really help

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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