Which of the Following Is Not a Result of the Government

question 57

Multiple Choice

Which of the following is not a result of the government privatizing a common resource?

• A)Consumers are forced to consider all the costs and benefits of their consumption choices.
• B)The resource gains excludability.
• C)Efficiency is increased.
• D)Undesirable side effects occur more often.

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Definitions:

Responsibilities

Duties or tasks that one is required or expected to perform as part of a job or role.

Exchange Rates

The value of one currency expressed in terms of another currency.

Transaction

An instance of buying or selling something; a business deal or action.

Currency Exchange

The process of exchanging one country's currency for another country's currency, typically at a rate determined by the foreign exchange market.