Which of the following is FALSE regarding public goods?
A) The fact that the government should fund a public good doesn't mean that the government should produce it.
B) The fact that the government provides it doesn't mean that it is a public good.
C) The fact that something is a public good doesn't mean it is nonrival.
D) The fact that something is a public good doesn't mean that the government should fund it.
Correct Answer:
Verified
Q125: Which of the following goods would be
Q126: When a good is nonrival and nonexcludable,
Q127: A government uses taxes to build and
Q128: When a good is a rival good:
A)firms
Q129: In a market system, public goods would:
A)be
Q131: The difference between a club good and
Q132: A good that is excludable but nonrival
Q133: Common resources have:
A)shared gains but private costs.
B)private
Q134: The tragedy of the commons is the:
A)destruction
Q135: How can the tragedy of the commons
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