Which Statement About Public Goods Is False

question 95

Multiple Choice

Which statement about public goods is false?

• A) They often require government action in order to be provided.
• B) They are difficult to package in a market transaction.
• C) Food, clothing and shelter are good examples.
• D) Free riders try to obtain them without paying for their share.

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Definitions:

Completely Randomized Design

An experimental design where all subjects are randomly assigned to treatments, ensuring each treatment is applied in an unbiassed way.

Five-point Scale

A measurement tool used in questionnaires to evaluate opinions or attitudes, often ranging from strongly agree to strongly disagree.

Blinding

A method in experimental design that prevents participants, experimenters, or both from knowing which intervention participants are receiving to reduce bias.

Average Prices

The mean amount of money required to purchase a particular set of goods or services.