This topic contains a solution. Click here to go to the answer

Author Question: If the government began providing free textbooks to college students who would otherwise have bought ... (Read 61 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
If the government began providing free textbooks to college students who would otherwise have bought their books from the private sector, the government's action would result in
 
  A) a Ricardian dilemma.
  B) a direct expenditure offset.
  C) an increase in real Gross Domestic Product (GDP).
  D) a reduction of the government deficit.

Question 2

What is the economic role of a patent?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

A patent grants the inventor the exclusive right to make, use, or sell an invention for 20 years. This gives the inventor property rights on the invention, which enables the inventor to profit from the invention. The number of inventions should be greater if people can profit from inventive activity, so patents help stimulate investment in new technology and economic growth.




CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

For a complete list of videos, visit our video library