Government Provides a Nonexcludable Public Good That No One Wants

question 59

Multiple Choice

Government provides a nonexcludable public good that no one wants.This situation is most closely related with:

• A) government solving a market failure.
• B) government failure.
• C) market failure.
• D) the market solving a government failure.

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Definitions:

Fixed Beliefs

Persistent convictions or opinions that are hard to change.

Projecting

The psychological defense mechanism of attributing one's own attitudes, feelings, or desires to someone or something else.

Preexisting Expectations

Anticipations or beliefs about something that exist before any new information or experiences.

ABC's of Behavior

An analysis framework for understanding behavior, consisting of antecedents, behaviors, and consequences.