It's easy for a private firm to provide a public good because of free riders
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
In the loanable funds framework, the ________ is measured on the vertical axis
A) price of bonds B) interest rate C) quantity of bonds D) quantity of loanable funds
Economics
If the problem of asymmetric information is so serious that a lender chooses not to lend to any potential small business borrower, then the problem is
A) moral hazard. B) adverse selection. C) market failure. D) disintermediation.
Economics