Author Question: Because collective action problems are ________ to solve, society often ________. A) relatively ... (Read 118 times)

michelleunicorn

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Because collective action problems are ________ to solve, society often ________.
 
  A) relatively easy; handles the problems itself
  B) relatively easy; ignores the problems
  C) impossible; chooses to live with the problems
  D) difficult; requests help from the government

Question 2

A shortage in the loanable funds market occurs when the quantity of loanable funds supplied exceeds the quantity of loanable funds demanded. Explain why this statement is correct or incorrect.
 
  What will be an ideal response?



milbourne11

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Answer to Question 1

D

Answer to Question 2

The statement is incorrect because a shortage occurs when the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied.



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