A pure public good is one that is

a. rival and excludable
b. rival and nonexcludable
c. nonrival but excludable
d. nonrival and nonexcludable
e. provided by a government agency

D

Economics

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Countries that borrow large amounts of money from foreign lenders prefer to:

A) hold an undervalued currency. B) hold an overvalued currency. C) have a high rate of unemployment. D) have a low rate of inflation. Suppose India borrows $10,000 from the U.S. at the beginning of 2012. The flexible exchange rate is 50 Indian rupees per dollar.

Economics

Income redistribution ________

A) creates an income distribution that is less equal than the market distribution B) is efficient because it makes the distribution of income more equal. C) eliminates the big tradeoff between rich and poor D) creates a deadweight loss

Economics