Which of the Following Statements Concerning a Pure Public Good

question 162

Multiple Choice

Which of the following statements concerning a pure public good is false?

• A) It is impossible to exclude nontaxpayers from the enjoyment of the public good.
• B) All benefits associated with the production and use of a public good are received by the government.
• C) The availability of a public good to one person simultaneously makes it available to all members of society.
• D) The private sector does not have an economic incentive to produce a socially optimal amount of a public good.

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Definitions:

Simple

Straightforward or easy to understand, lacking complexity or complications.

Societal Norms

The accepted behaviors, practices, and standards that a society or social group considers normal or appropriate.

Legal

Pertaining to the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

International

Pertaining to or involving two or more nations, often used in the context of global relations, businesses, or agreements.