Which of the Following Statements Is TRUE

question 46

Multiple Choice

Which of the following statements is TRUE?
I. Excludability leads to efficiency.
II. The benefits of public goods provide an argument for government provision of these goods.
III. Taxation turns some people into free riders.

• A) I and II only
• B) II only
• C) II and III only
• D) I, II, and III

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Definitions:

Hands-on

Involving active engagement and direct experience in learning or doing something, rather than just theory.

Interactive Approach

A methodology that emphasizes active participation and engagement in learning processes, often involving two-way communication and feedback.

Piaget

A rephrased definition: Jean Piaget was a Swiss psychologist known for his pioneering work in the field of child development, especially regarding children’s cognitive development stages.

Seriation

The cognitive ability to arrange objects in an order based on a specific characteristic, such as size or color.