The Provision of a Public Good Generates a

question 78

Multiple Choice

The provision of a public good generates a

• A)positive externality, as does the use of a common resource.
• B)positive externality and the use of a common resource generates a negative externality.
• C)negative externality, as does the use of a common resource.
• D)negative externality and the use of a common resource generates a positive externality.

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Definitions:

Empirical

Based on observation or experience rather than theory or pure logic, relating to data which can be measured or observed directly.

Diagnostic

Pertaining to or aiding in the detection and identification of a disease, condition, or distinctive characteristics.

Binge Drinking

The consumption of an excessive amount of alcohol in a short period of time, typically defined as five or more drinks for males, and four or more drinks for females, in about two hours.

Interpersonal Skills

Interpersonal skills are the abilities required to effectively communicate, interact, and work with individuals and groups.