Classifying a Good as Excludable Means

question 64

Multiple Choice

Classifying a good as excludable means

• A)that someone can be barred from consuming the good based on race, creed, or some other irrelevant characteristic.
• B)that anyone who does not pay for the good cannot consume it.
• C)that consumption of the good causes no externalities.
• D)that a producer with patent or copyright protection can exclude any other producer from selling his product.

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Definitions:

W.B. Du Bois

An influential American sociologist, historian, and civil rights activist, co-founder of the NAACP, who advocated for the rights and advancement of Black Americans.

Progressive

Refers to a range of political and social reform movements aimed at addressing issues of inequality, corruption, and inefficiency in government and society.

Red Scare

A period of intense fear or paranoia about communism and its potential spread in the United States, leading to widespread suspicion and discrimination against perceived communists.

Political Intolerance

The lack of willingness to allow or accept opposing political views, resulting in a potentially oppressive or hostile environment for differing political beliefs.