Which statement is true? a) The huge federal budget deficit was caused by market failure. b) Market

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Which statement is true?

a) The huge federal budget deficit was caused by market failure.

b) Market failure is the main reason that we need public goods and services.

c) Public goods and services are always free.

d) None of the above.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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