The "free rider problem" occurs in connection with
a. private goods.
b. both public and private goods.
c. goods that are not scarce.
d. public goods.
D
Economics
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Which of the following terms refers to an unusually severe, prolonged recession, typically with an unemployment rate that exceeds 20%?
A) Depreciation B) Deflation C) Inflation D) Depression
Economics
Applied to any investment, the phrase "there's no such thing as a free lunch" means that higher returns come with lower risks, and lower returns come with higher risks
Indicate whether the statement is true or false
Economics