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Public Sector and Efficiency

Quiz by LPL

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Q 1/5
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What justifies public intervention in the allocation of resources in an economy?
29
Only in planned economies where the public sector controls everything
The economic efficiency
The public intervention is always justified
It depends on the country

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5 questions

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Q1
What justifies public intervention in the allocation of resources in an economy?
Only in planned economies where the public sector controls everything
The economic efficiency
The public intervention is always justified
It depends on the country
30s
Q2
The intervention of the Public Sector should archive:
The production efficiency
The global efficiency
None
The consumption efficiency
30s
Q3
The case of energy sector is a typical example of:
Public good
Moral hazard
Natural monopoly
External effects
30s
Q4
The environmental taxes are the typical example of a market failure because:
Public good
External effects
Moral hazard
Adverse selection
30s
Q5
The case of OBAMACARE could be an example of market failure because:
Adverse selection
Natural monopoly
Imperfect competition
Moral hazard
30s

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