Which characteristic of a pure public good is linked to poorly-defined property rights? Explain your answer
What will be an ideal response?
The nonexcludable nature of pure public goods is linked to poorly-defined property rights, because no property rights are required to be able to enjoy the benefits of a nonexcludable good.
Economics
You might also like to view...
Travel services include purchases of items by residents of one country when they travel to another country
Indicate whether the statement is true or false
Economics
A U.S. federal budget deficit that raises real interest rates is most likely to:
a. lead to a depreciation of the dollar in the foreign exchange market. b. encourage foreign investment in U.S. securities. c. lead to an increase in exports. d. lead to an appreciation of other currencies relative to the U.S. dollar. e. discourage imports of foreign goods.
Economics