(Solved): The free market tends to: Overproduce merit goods Under-produce merit goods Produce goods and serv ...

The free market tends to: Overproduce merit goods Under-produce merit goods Produce goods and services inefficiently Limit consumer sovereignty None of the above Which of the following is unlikely to cause a fall in household consumption? \( A \) rise in unemployment An increase in interest rates Pessimistic expectations about the economy A fall in income taxes All of the above The current housing increase in purchases of real estate is considered to be heavily driven by: High unemployment Low interest rates Increased savings Increased income None of the above