Give an example of a supposedly “free” item that you see every day. explain why the item is not really free by stating who or what actually pays for it.

water

Explanation:

Water is a theoretically free good that can be found on a daily basis in many public places, such as squares, schools, libraries, etc. However, in fact, even water is not exactly a free item, as there is a production cost that involves plumbing and treating water to consumption. This cost is charged to an account that the government pays with our taxes, that is to say we all pay for water and any other theoretically free goods.

which statement best describes why a government’s actions are important in macroeconomics? check all that apply.

1 government controls industry through policy.

2 government is both a consumer and a producer.

3 government can prevent changes and challenges.

4 government can use policy to influence the economy.

5 government can accurately predict economic trends.

1 , 2 & 4 for edgenu

according to this graph, how does supply behave in the long run?

a ]output remains constant.

b ]output increases.

c ]output cannot be predicted.

d ]output decreases.

the answer is a ]   for edgenu