What is the term for a shift on the economic continuum towards less government involvement in the economy?

• A. Shift left
• B. Public good
• C. Shift right
• D. Demand

Answer: (C)

Moving toward less government involvement in the economy is described as a shift to the right on the economic policy spectrum. The right side generally favors free markets, reduced regulation, and privatization, meaning the government steps back and market forces take a bigger role. This is why shift right is the best term for this idea.

Public good refers to a type of good that is non-excludable and non-rivalrous, which is about how some services are provided, not about the level of government involvement. Demand is the relationship between price and the quantity of a good that consumers are willing to buy, unrelated to how much the government interferes in the economy.