Tim Works for the Government and Is Implementing a New

question 48

Multiple Choice

Tim works for the government and is implementing a new government policy to set up spacious yoga studios at all state primary schools.The general public will be able to attend classes in the studios but Tim is still is trying to decide on a pricing structure.What pricing structure should Tim suggest the government adopt for the studios and why?

• A)participants shouldn't pay for their own class because a yoga class is a private good
• B)participants should pay for the classes out of their taxes because yoga classes are a public good
• C)participants shouldn't pay for their own class because a yoga class is a common resource
• D)participants should each pay for their own class because yoga classes are excludable and rival

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Definitions:

Manic-depressive Illness

A mood disorder characterized by dramatic shifts in mood, energy, and activity levels, also known as bipolar disorder.

Bipolar Disorder

A mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Manic-depressive Illness

Another term for bipolar disorder, characterized by mood swings that include emotional highs (mania or hypomania) and lows (depression).

Autism

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted and repetitive behavior.