A public museum is an example of a

A) government-sponsored good.
B) public good.
C) good which generates a positive externality.
D) good which generates a negative externality.

A

Economics

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The health care system in the United States is referred to as ________, a system where private doctors and hospitals provide almost all health care services

A) a single-payer system B) a universal health insurance system C) socialized medicine D) a private health care system

Economics

All elasticities are measures of responsiveness

Indicate whether the statement is true or false

Economics