The Market Does Not Provide National Defense Because

question 163

Multiple Choice

The market does not provide national defense because

• A)it is impossible to prevent any single person from enjoying the benefit of national defense.
• B)the fixed cost of national defense is too high.
• C)the necessary resources for national defense are not available in the private sector.
• D)All of the above are correct.

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Definitions:

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in complex cognitive behavior, personality expression, decision making, and moderating social behavior.

Parasympathetic Nervous System

Part of the autonomic nervous system responsible for conserving energy, slowing the heart rate, and facilitating digestion and relaxation.

Epinephrine

A hormone and neurotransmitter also known as adrenaline; involved in the body's fight-or-flight response.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, affecting heart rate, blood pressure, and glucose metabolism.