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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are public goods? Provide an example.
๐ก Hint: These goods benefit the public and are often funded by the government.
Question 2
Easy
Define income inequality.
๐ก Hint: Think about how wealth is spread across different social groups.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is an example of a public good?
๐ก Hint: Consider which of these options is available for everyone to use.
Question 2
True or False: Government intervention is unnecessary in a perfectly competitive market.
๐ก Hint: Think about the presence of externalities in the market.
Solve 2 more questions and get performance evaluation
Push your limits with challenges.
Question 1
Examine the role of government intervention in your local economyโidentify at least two public goods and discuss their impact.
๐ก Hint: Consider how your community benefits from these services.
Question 2
Assess the effectiveness of government intervention during an economic crisis in the last decade. Provide evidence to support your stance.
๐ก Hint: Reflect on both short-term and long-term benefits of these interventions.
Challenge and get performance evaluation