MACROWSNotes3.pdf - 9 Award 1.00 point Information problems...

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9. Award: 1.00 point 10. Award: 1.00 point Information problems create inefficient outcomes in the private sector but not the public sector. the public sector but not the private sector. neither the private nor the public sector. both the private and the public sectors. References Multiple Choice Difficulty: 02 Medium Learning Objective: 05-01 Describe how governments power to coerce can be economically beneficial and list some of the difficulties associated with managing and directing the government. The many layers of the federal government in the United States lead to economic inefficiencies because of difficulty aggregating and conveying information. enhance government's ability make effective decisions quickly. better allow the invisible hand to direct government resources to their best uses. improve accountability of government officials, thus leading to more efficient policies. References Multiple Choice Difficulty: 02 Medium Learning Objective: 05-01 Describe how governments power to coerce can be
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