A good example of a public good is ?
A. public transport
B. the national health service
C. national defence
D. rail transport
A. public transport
B. the national health service
C. national defence
D. rail transport
A. Raise the wage for insiders above the competitive equilibrium
B. Lower the wage of local outsiders
C. Offset the market power of a large firm that is the dominant employer in a region
D. Threaten a strike but don’t actually follow through so there are not lost hours of work
A. the development of pure science, invention innovation financing the innovation and the innovation’s acceptance
B. introducing new products modifying production functions creating credit and making profits
C. innovation investment credit creation and economies growth
D. patent management resource gains mature innovation and speculative gains
A. the newly industrialized countries like Korea, Taiwan Malaysia
B. The republics of the former Soviet Union
C. Countries that still have a communist government like China and Cuba
D. countries that have fallen far behind the economic advances of the rest of the world
A. Boys as young as 8 years old tend or herd animals, weed pick and sell produce
B. Children place more economic demands on a peasant family than an urban family
C. Major financial security is usually provided by sons
D. The cost of education entertainment and travel is low
A. endogenous
B. exogenous
C. beta
D. convergence
A. deflation
B. inflation
C. cost effective
D. cost