Author Question: Public goods: a. Can be both produced and financed by the private sector. b. Can be both produced ... (Read 123 times)

soccerdreamer_17 · **on:** Jun 30, 2018

Public goods:
a. Can be both produced and financed by the private sector.
b. Can be both produced but not easily financed by the private sector
c. Cannot be produced but can be financed by the private sector.
d. Cannot be produced or easily financed by the private sector.

Question 2

Protectionist legislation is often passed because:
a. employers in the affected industry lobby more effectively than the workers in that industry.
b. both employers and workers in the affected industry lobby for protectionist policies.
c. trade restrictions often benefit domestic consumers in the long run, though they must pay more in the short run.
d. it helps to keep domestic prices at a relatively lower level.