MACROWSNotes39.pdf - 141 Award 1.00 point Majority voting...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
141. Award: 1.00 point 142. Award: 1.00 point Majority voting assures that government will provide a public good if it yields total benefits in excess of total costs. True False References True / False Difficulty: 02 Medium Learning Objective: 05-03 Appendix: Explain the difficulties of conveying economic preferences through majority voting. In the U.S. market economy, the government performs the following prominent roles, except provide public goods and services. promote economic stability and growth. set prices for most resources. modify the distribution of income. 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.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
143. Award: 1.00 point 144. Award: 1.00 point One major role that the government plays in the market economy of the U.S. is setting production targets for major industries.
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern