Which of the Following Is True of Public Goods

question 66

Multiple Choice

Which of the following is true of public goods?

• A) They can only be supplied by the government.
• B) They will tend to be supplied efficiently by the private sector when markets are competitive.
• C) It is difficult to establish a one-to-one link between payment and receipt of such goods.
• D) From an efficiency standpoint, private markets will tend to supply an excessively large amount of public goods.

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Definitions:

Defensive Technique

Strategies or behaviors aimed at protecting oneself from threat, criticism, or harm, often in a psychological context.

Nonthreatening Information

Data or facts presented in a manner that is not intimidating or hostile, aiming to encourage open communication and understanding.

360-degree Feedback

A comprehensive feedback system involving evaluations from an employee's supervisors, peers, subordinates, and sometimes clients.

Blind Area

An aspect of our personality or behaviors not known to oneself but visible to others, part of the Johari window concept in psychology.