The Government Should Formulate a Technology Policy Because

question 79

Multiple Choice

The government should formulate a technology policy because

• A)private incentives for technology production may outweigh the social benefits of such production.
• B)research on technology can be kept secret.
• C)the technology being produced is highly excludable.
• D)the incentives are too low without government intervention.
• E)the incentives to produce the technology are too high.

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Definitions:

Journal Entry

A record of financial transactions in the double-entry bookkeeping system, indicating credits and debits in accounts.

Decedent's Death

A term referring to the time of death of an individual, often used in legal, tax, and financial contexts.

Savings Account

A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.

Sacred Church

A religious institution considered holy or divine by its followers.