Which of the below statements does NOT fit in with the ideas expressed by Charles Wheelan in chapter 3  about the "Government and the Economy" of Naked Economics? Group of answer choices The private sector is the engine of growth, but it is the government that roots out fraud, makes transactions and contracts binding, sorts out property rights, and settles disputes.   The more sophisticated our economy becomes the more sophisticated our government institutions need to be.   Taxpayers know better what to do with their money than the government does.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Which of the below statements does NOT fit in with the ideas expressed by Charles Wheelan in chapter 3  about the "Government and the Economy" of Naked Economics?

Group of answer choices

The private sector is the engine of growth, but it is the government that roots out fraud, makes transactions and contracts binding, sorts out property rights, and settles disputes.

 

The more sophisticated our economy becomes the more sophisticated our government institutions need to be.

 

Taxpayers know better what to do with their money than the government does.

 

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