Redistribution and Distribution Policies Are Example of Private Goods; Some

question 33

Multiple Choice

Redistribution and distribution policies are example of private goods; some goods can be divided and given to some people,but not to others.An example of private goods does NOT include:

• A)Food Stamps
• B)State University admission
• C)Clean air
• D)Public health care

---

Definitions:

Increase In Income

A rise in the amount of money earned or received by an individual or within an economy over a specific period.

Horizontal Axis

In a graph or chart, the x-axis, which typically represents the independent variable or time period.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at specific prices.

Price Of Tacos

The amount consumers must pay to purchase tacos, which can vary based on ingredients, location, and other factors.