This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is government failure'? How would you draw the line between public and private activity? ... (Read 77 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
What is government failure'? How would you draw the line between public and private activity?
 
  What will be an ideal response?

Question 2

Suppose that the Federal Reserve issued bonds in the amount of 45 million and the reserve requirement was 10, what would be the resulting change to the money stock?
 
  A) 45 million
  B) 450 million
  C) 4.5 million
  D) The bond issuance would not impact the money stock only the monetary base.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

Government failure is defined in the text. Students should address issues of efficiency and externalities, at least in drawing their line. Other concerns, such as fairness, may also be addressed, although students should be encouraged to distinguish between purely economic and other criteria.

Answer to Question 2

B


cnetterville

  • Hero Member
  • *****
  • Posts: 547
Reply #2 on: Jun 30, 2018
Thank you :)


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

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

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Slope Failure and Lithology Slope Failure and Lithology
Examples of Ways That Different Types of Intersections of Two Line Segments Can Be Transformed into Examples of Ways That Different Types of Intersections of Two Line Segments Can Be Transformed into
Relationship Between Physical Activity and Improved Health Benefits Relationship Between Physical Activity and Improved Health Benefits
The engine is rotated until the timing marks on the front of the crankshaft line up with zero ... The engine is rotated until the timing marks on the front of the crankshaft line up with zero ...
Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ... Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ...
Genes, hormones, and activity affect weight Genes, hormones, and activity affect weight
Video: Hormonal regulation of pregnancy - weeks 17 through 38

For a complete list of videos, visit our video library