Which of the following is a strong assumption for static and finite distributed lag models??

State whether each of the following goods is nonrival, nonexcludable, or both:

a. a botanical garden b. a public beach c. a congested interstate highway d. a toll bridge e. street lights

It is argued that high-tech industries typically generate new technologies but cannot fully appropriate the commercial benefits associated with their inventions or discoveries

If this is true then in order to maximize a country's real income, the government should A) tax the high-tech firms. B) subsidize the high-tech firms. C) protect the high-tech firms. D) outsource high-tech production. E) discourage high-tech investments.