Which of the following could best be categorized as a public good?
A) an apartment in a public housing project
B) a pumpkin pie
C) public fireworks
D) a race track
C
Economics
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Employment tends to
A) lead the cycle. B) be coincident with the cycle. C) lag the cycle. D) sometimes lead, sometimes lag the cycle.
Economics
The term "free rider"
a. refers to the reduction of incentives for an individual to provide effort. b. describes the privatization of goods and property. c. refers to a situation in which resources are overused and quickly exhausted. d. describes people who did not pay for their ship travel to the colonial US because their relatives would pay their fares once they arrived.
Economics