A Good for Which It Is Impossible or at Least

question 155

Multiple Choice

A good for which it is impossible or at least very costly to exclude nonpaying customers from receiving the good and for which many individuals can share in the consumption of the same unit of the good is called a

• A) public good.
• B) joint good.
• C) excludable good.
• D) national good.

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Definitions:

Exposure

A therapeutic technique used to treat anxiety disorders by gradually and systematically exposing the patient to the feared object or context without any danger.

Live Snake

A reptile that is living, as opposed to being depicted in images or as a specimen; often eliciting strong fear or interest reactions in people.

Deep Brain Stimulation

A neurosurgical procedure involving the implantation of a medical device called a neurostimulator, which sends electrical impulses to specific targets in the brain for the treatment of movement and neuropsychiatric disorders.

Transcranial Magnetic Stimulation

A non-invasive procedure that uses magnetic fields to stimulate nerve cells in the brain to treat depression and other disorders.