In economics, the term "free rider" refers to
A) a person who evades taxes.
B) one who waits for others to produce a good and then enjoys its benefits without paying for it.
C) a supervisor who delegates menial time-consuming activities to others.
D) one who volunteers her services.
B
Economics
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In a market with positive externalities, the market equilibrium quantity will be less than the efficient equilibrium quantity
Indicate whether the statement is true or false
Economics
Which of the following is considered expansionary fiscal policy?
A) Congress decreases the income tax rate. B) Legislation increases a college tuition deduction from federal income taxes. C) The Arizona legislature cuts highway spending to balance its budget. D) Congress increases defense spending.
Economics