The major difficulty in asking people to pay voluntarily what a government program is worth to them is:
A) the free-rider problem.
B) people have poor judgment.
C) the fact that people don't know what programs they want.
D) we would increase government expenditures too much.
Correct Answer:
Verified
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Q39: In a purely competitive industry at equilibrium
Q40: A public good:
A)generally results in substantial negative
Q43: The following information is for a public
Q44: Assume there is no way to prevent
Q45: Answer the next question on the basis
Q46: Government must provide economically desirable public goods
Q47: For which one of the following would
Q82: Cost-benefit analysis attempts to
A)compare the real worth,
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