Which of the Following Is a True Statement Regarding Why

question 121

Multiple Choice

Which of the following is a true statement regarding why the government produces public goods?

• A) Public goods are valued highly by some but not by the majority.
• B) Because of the electoral system, the public sector tends towards producing those goods that help politicians get elected.
• C) Some goods should be produced whether they are economically efficient or not.
• D) Because it is difficult to exclude those who do not pay for public goods.

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Definitions:

Copyright Infringement

The unauthorized use of copyrighted material without permission from the copyright holder, violating their exclusive rights.

Restrictive Employment Contract

A contract between an employer and employee that limits the latter's actions both during and after the period of employment, often including clauses like non-compete, non-disclosure, and non-solicitation.

Patent And Trademark Office

An agency of the U.S. Department of Commerce responsible for granting patents for inventions and registering trademarks.

Federal Law

Legislation that has been enacted by the national government and applies throughout the country.