Which De-Merit Good Is Likely to Be Over Consumed When

question 48

Multiple Choice

Which de-merit good is likely to be over consumed when left to the market mechanism?

• A) education.
• B) health care.
• C) museum attendance.
• D) tobacco.

---

Definitions:

Vietnam War

A prolonged conflict from 1955 to 1975 between North Vietnam, supported by its communist allies, and South Vietnam, backed by the United States.

Randolph Bourne

An early 20th-century American intellectual known for his strong criticisms of nationalism and war.

Sedition Act

Legislation enacted by governments that makes it a crime to speak or act in a way that encourages rebellion against the authority of the state.

War Industries Board

A U.S. government agency established during World War I to coordinate the purchase of war supplies and to ensure efficient production and distribution.