The free rider problem suggests that a producer will tend to: i. produce more than the optimal quantity of a public good. ii. produce less than the optimal quantity of a public good. iii. produce the optimal quantity of a public good if it is funded out of tax revenue
a. (i) only
b. (ii) only
c. (i) and (iii) only
d. (ii) and (iii) only
d
Economics
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What balance of payment account records foreign investment between countries?
What will be an ideal response?
Economics
The percentage of hours worked by college educated workers since the 1960s has ________
A) fallen B) stayed essentially unchanged C) increased D) moved in the opposite direction of the college premium
Economics