Because of the free-rider problem, ________
A) there is an efficient allocation of resources for common resources
B) private provision leads to the production of more than the efficient quantity of a public good
C) private provision leads to the production of less than the efficient quantity of a public good
D) the public uses too little of a common resource
C
Economics
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The aggregate demand curve will shift rightward when there is:
a. a decrease in government spending. b. a decrease in incomes abroad. c. a tax increase. d. the expectation that future consumer income will rise.
Economics
The U.S. market for interbank borrowing and lending is called the:
a. Money market. b. Eurodollar market. c. Federal funds markets. d. Real Goods Market. e. Primary market.
Economics