When Those That Do Not Contribute to the Costs of a Public

question 34

Multiple Choice

When those that do not contribute to the costs of a public good are denied use,this is a case of

• A) exclusion.
• B) being nonrival.
• C) price discrimination.
• D) infeasibility.

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Definitions:

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal amount twice a year and then interest is subsequently earned on the new principal.

Amortization Period

The total length of time over which an individual loan or debt is scheduled to be paid off.

Compounded Semi-annually

Compounded semi-annually refers to the calculation of interest where the principal amount is credited with interest twice a year.

Amortization Period

The total time period over which a loan or mortgage is scheduled to be paid off through regular payments.