The role of government in a market economy would include all of the following except making and enforcing laws. collecting taxes. extensive ownership of productive resources. providing services such as national defense.

In a market economy Group of answer choices   All the other answers are true for the market economy.   consumers buy what makes them better off.   those goods and services that people will buy, will be produced.   producers and sellers produce/sell goods and services that are profitable to produce/sell.

Which of the following is most likely to be a free good?         schools         sunlight         jeans that are sold at clearance prices         a new restaurant giving away free tacos on "Taco Tuesday" as a way to kick-start its business

You have taken over the Canadian government. As the Dictator, you took on yourself to end the destruction of the environment by your citizens. As a dictator, you are no longer limited by the challenges of democracy and do not require the agreement of the public but you are limited by the limitations of the existing economic system. Explain what policies you would implement. How you expect these policies to solve the problem. By using the relevant Microeconomic models we learned in class throughout the semester, demonstrate how your policies affect the relevant markets. Show the direct impact and the indirect impact (positive and/or negative) on other markets affected by the changes you propose. For each policy: describe your policy, what are you hoping to achieve, what are your assumptions you are making and explain the economic mechanism that is taking place. Demonstrate graphically how it affect the current status in the market. WITH GRAPH PICTURES

In my opinion, I believe that the United States is not an economically just society. The economic structure lacks balance and an even distribution. The United States economy benefits from our struggles. Healthcare is outrageously expensive, and student loans are almost impossible to pay back. There are opportunities nowadays for the wealthy to remain so, and those in poverty struggle to make their way up. Taxes can be legally written off through business entities, making LLC owners prosperous in regard to finances. When you receive your next paycheck, look at the total amount of tax taken from your earnings. It is a ridiculous number, for what we are paying in taxes. Our tax dollars go straight to the government for "roads" and "education". In reality, we have billions of dollars being sent across the world, and our money is practically thrown away. Our economy is currently extremely unjust, and we have to pay to stay alive in the sense of healthcare and highly taxed food. In order to…

Which of the following statements is inaccurate?   Multiple Choice   There is substantial agreement about how and when markets fail.   There is substantial agreement about whether government improves market outcomes.   Voters are quick to blame government meddling for many economic woes.   Ideally, the market mechanism will lead an economy to the optimal mix of output.

In 2011, Governor Rick Scott signed a bill that included incentives for the space industry and added a $9 million economic development tool for Florida. How did this bill most likely affect the economy of the state of Florida? It dissuaded high-skilled space engineers from working within the state. It encouraged the growth of research and development jobs within the space industry. It allowed private companies to take over the former public control of the space industry. It provided for a transition away from the space industry after the ending of the shuttle program.