An example of a public good is
A) transfer payments.
B) national defence.
C) government pension payments.
D) both A and C.
E) lump sum taxes.
Correct Answer:
Verified
Q48: The second fundamental theorem of welfare economics
Q49: The marginal rate of transformation is equal
Q50: The production possibilities frontier in the one-period
Q51: The rate at which one good can
Q52: Changes in government spending are NOT likely
Q54: Immunization from communicable diseases generate
A)the provision of
Q55: An increase in total factor productivity
A)increases consumption,
Q56: A competitive equilibrium is a state of
Q57: In the one-period competitive model we have
Q58: The presence of a distorting tax on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents