USU-Intro To MacroEcon - Assignment 2

Ex ternal c os t goods and s ervic es 2 public goods

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ternal c os t goods and s ervic es . 2. public goods and s ervic es . 3. imported produc ts . 4. ex ternal benefit goods and s ervic es . 5. public and ex ternal benefit goods and s ervic es . Que stion 16 (1 point) Fluc tuations in the ec onomy are c alled 1. rent s eek ing. 2. bus ines s c y c les . 3. public c hoic e. 4. the free-rider problem. 5. None of thes e Que stion 17 (1 point) W hat is the differenc e between the mic roec onomic func tions of government and the mac roec onomic func tions ? 1. Mac roec onomic func tions deal with individual ec onomic entities while mic roec onomic func tions deal with broad ec onomic s ec tors . 2. There are no mac roec onomic func tions of government bec aus e mac roec onomic s deals with broad ec onomic s ec tors . 3. T...
View Full Document

This homework help was uploaded on 03/18/2014 for the course ECON 2010 taught by Professor Staff during the Spring '08 term at Utah Valley University.

Ask a homework question - tutors are online