A free rider:
A. contributes little or nothing to a public good while benefiting from others' contributions.
B. prevents a market failure.
C. contributes little or nothing to a public good, but also does not benefit from others' contributions.
D. creates both positive and negative externalities.
A. contributes little or nothing to a public good while benefiting from others' contributions.
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The funds being lent in the federal funds market are:
A) reserves at the Fed. B) tax revenue earned by the federal government. C) bank deposits of domestic households. D) investments of foreign firms.
A stock person who is laid off by a department store because retail sales across the country have decreased is _______ unemployed.
A. Frictionally B. Structurally C. Cyclically D. Chronically