Question and answer
Which of the following situations would NOT demand that governments get involved in the economy? A. Resource allocation is efficient. B. Income distribution may be unfair. C. Market systems may fail to produce some goods that society values. D. Periods of unemployment and inflation may cause instability in the system.
The following situation would NOT demand that governments get involved in the economy: Resource allocation is efficient.
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Asked 2/2/2016 9:12:00 AM
Updated 4/29/2016 9:34:59 AM
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The following situation would NOT demand that governments get involved in the economy: Resource allocation is efficient.
Added 4/29/2016 9:34:59 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/29/2016 9:48:06 AM]
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Questions asked by the same visitor
Which of the following is NOT a macroeconomic variable? A. real GDP B. the unemployment rate C. the rate of inflation D. the price of pizzas
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Updated 7/31/2016 11:12:07 PM
1 Answer/Comment
The price of pizzas is NOT a macroeconomic variable.
Added 7/31/2016 11:12:07 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/1/2016 2:11:40 AM], Rated good by jeifunk
Which of the following is the least serious problem for laissez-faire economies? A. unemployment B. consumer sovereignty C. providing public goods D. income distribution
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Not Answered
Updated 6/13/2016 10:02:54 AM
1 Answer/Comment
Consumer sovereignty is the least serious problem for laissez-faire economies.
Added 6/13/2016 10:02:54 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/13/2016 10:17:32 AM]
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