To properly justify the governmental provision of a public good,it must be the case that the __________ and that __________.
A) good is indeed a public good;is the only necessary requirement
B) benefit exceeds the cost;no private provider exists
C) voters desire the good;no new taxes will be needed
D) benefit exceeds the cost;is the only necessary requirement
E) benefit exceeds the cost;all voters value the good equally
Correct Answer:
Verified
Q49: One source of friction in the governmental
Q50: If all taxpayers pay the same dollar
Q51: A good or service that is nonrival
Q52: A good or service that is both
Q53: If taxpayers pay a smaller fraction of
Q55: If all voters in a particular political
Q56: A public good
A) generally results in substantial
Q57: Juan pays $14,000 in taxes while earning
Q58: If the marginal tax rate is 20%
Q59: A good or service that is rival
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