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

Author Question: Which of the following is an example of a public good? a. telephone service b. national defense c. ... (Read 89 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
Which of the following is an example of a public good?
 a. telephone service
 b. national defense
 c. a city-owned bus
 d. electricity generated by a city-owned public utility

Question 2

A conclusion of the theory of rational expectations is that, in the short run, the impact of a correctly anticipated fiscal policy designed to decrease AD will:
 a. result in no net change in AD once people's expectations adjustments have been accounted for.
 b. shift AD in the opposite direction intended once people's expectations adjustments have been accounted for.
  c. decrease the price level.
 d. result in no change in the price level.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

b

Answer to Question 2

c




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library