The Reason Why National Defense Is Commonly Provided by the Government

question 241

Multiple Choice

The reason why national defense is commonly provided by the government, while food is not, is that food:

• A)is too essential to survival to be provided by a bureaucratic organization.
• B)​manufacturers have successfully lobbied the government to stay out of the food industry.
• C)can easily be withheld from those who refuse to pay for it.
• D)provision is subject to a free-rider problem.

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Definitions:

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.

Net Fixed Assets

The value of a company's property, plant, and equipment (PP&E) minus any accumulated depreciation, representing the actual value of the company's fixed assets.

Sales

The process of offering goods or services to obtain money or other forms of payment.

Net Working Capital

The determination of a business's immediate solvency by computing the difference between its current assets and current liabilities.