Solved

Which of the Following Statements Is Correct

Question 35

Multiple Choice

Which of the following statements is correct?


A) Private goods yield direct benefits to the purchaser and are financed by government.
B) Public goods yield widespread spillover benefits and are purchased by government with tax revenues.
C) Public goods are bought voluntarily out of private incomes and yield no significant spillover benefits.
D) Public goods are bought voluntarily out of private incomes and yield widespread spillover benefits.
E) Private goods are often public goods as well.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents