Answer to Question #190255 in Macroeconomics for James

Question

QUESTION 23

Positive externalities to education typically include:

1. A cleaner environment.
2. Democratic government.
3. Better health outcomes for the population.
4. Lower crime rates.
5. All of the above.

QUESTION 24

There are some goods that do not fall:

1. When tripped.
2. Neatly into the categories of private good or public good.
3. Neatly into the categories of male or female.
4. But rather spring into action.
5. What about winter???

QUESTION 25

Cooperation between government-funded universities, academies, and the private sector:

1. Is unconstitutional.
2. Has been ineffective at promoting innovation.
3. Can spur product innovation and create whole new industries.
4. Can spur product innovation but not create new industries.
5. Can create new industries, but is unable to spur product innovation.

QUESTION 26

With a patent, a firm is able to earn monopoly profits on its product:

1. Only in rare circumstances.
2. For a period of time.
3. For all eternity.
4. For a wrinkle in time.
5. All of the above.

Answer 1

23.Better health outcomes for the population.

24.Neatly into the categories of private good or public good.

25.Can spur product innovation and create whole new industries.

26.For a period of time.