Most goods that are nonexcludable are pure public goods.

Based on the above table, the reserve ratio for the banking system is

A) 1 percent. B) 15 percent. C) 20 percent. D) 10 percent.

The Lithuanian tax rate for all citizens' income is 24 percent. If the Lithuanian government was concerned about income inequality, they should change the tax system from a system that is currently ________ to a system that is ________

A) progressive; proportional B) regressive; progressive C) proportional; progressive D) proportional; regressive