Public Goods Are Not Likely to Be Provided by the Private

question 49

Multiple Choice

Public goods are not likely to be provided by the private sector because

• A)the production of the good creates negative externalities.
• B)the consumption of the good creates negative externalities.
• C)no one can be excluded from the consumption of the good.
• D)the exclusion principle does not apply to public goods.

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Definitions:

Commander-in-chief

The highest-ranking officer of a nation's military forces, or the supreme authority over a country's armed forces; in the United States, it is the President.

Dorothea Dix

An American activist on behalf of the indigent mentally ill who, through a vigorous program of lobbying state legislatures and the United States Congress, created the first generation of American mental asylums.

Nursing

The profession or practice of providing care for the sick and infirm, focusing on patient health, recovery, and quality of life.