Which of the Following Is True of Public Goods

question 66

Multiple Choice

Which of the following is true of public goods?

• A) They can only be supplied by the government.
• B) They will tend to be supplied efficiently by the private sector when markets are competitive.
• C) It is difficult to establish a one-to-one link between payment and receipt of such goods.
• D) From an efficiency standpoint, private markets will tend to supply an excessively large amount of public goods.

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Definitions:

Beck Anxiety Inventory

A self-report inventory used to measure the severity of anxiety symptoms.

Administration

The organized process or activity of executing tests, surveys, or interventions in various settings like academic, clinical, or organizational.

Scoring

The process of assigning values to responses or performances in tests or assessments.

MMPI

The Minnesota Multiphasic Personality Inventory, a comprehensive psychological test used to assess personality traits and psychopathology.