The problem with public goods is that
A) too many people are excluded from their use and must find alternatives in the private sector
B) the opportunity to act as a free rider is a disincentive to pay for public goods
C) they compete with private goods, driving companies out of business
D) they could be provided more efficiently by private companies
E) they are distributed according to willingness to pay rather than ability to pay
Correct Answer:
Verified
Q14: Which of the following is a pure
Q15: If markets are Pareto efficient,
A) no one
Q16: Which of the following is not generally
Q17: Which of the following is not a
Q18: Which of the following is a justification
Q20: In most developed economies,public spending on national
Q21: By the start of the 21st century,the
Q22: When government runs a budget deficit,
A) interest
Q23: The efficiency argument for tax smoothing is
Q24: The next questions refer to the following.
Suppose
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