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

Author Question: Which of the following is an example of a public good? a. telephone service b. national defense c. ... (Read 94 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Wow, this really help

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Pacific Silver Fir cone debris from feeding Douglas Squirrels, North Cascades National Park Pacific Silver Fir cone debris from feeding Douglas Squirrels, North Cascades National Park
The puppet, created for the Tbilisi Marionette Theatre, is controlled by forces hidden from public ... The puppet, created for the Tbilisi Marionette Theatre, is controlled by forces hidden from public ...
Checking the voltage drop between the TP sensor ground and a good engine ground with the ignition ... Checking the voltage drop between the TP sensor ground and a good engine ground with the ignition ...
Old Faithful Geyser in Yellowstone National Park Old Faithful Geyser in Yellowstone National Park
Video: Introduction to Herpes

For a complete list of videos, visit our video library