Public goods are
A) rival and exclusive.
B) rival, but not exclusive.
C) exclusive, but not rival.
D) neither exclusive nor rival.
Answer: D
Economics
You might also like to view...
Which of the following should be increased during an expansion?
A) Government spending B) Unemployment C) Inflation D) Tax rates
Economics
Considering a PPF with health care services on the vertical axis and other goods and services on the horizontal axis, the increasing production of health care services in the United States as a result of the aging population represents
A) a movement upward along the PPF. B) an outward shift of the PPF from the vertical axis. C) an outward shift of the PPF from the horizontal axis. D) a movement downward along the PPF.
Economics