Receiving a Voucher for an Apartment in a Public Housing

question 124

Multiple Choice

Receiving a voucher for an apartment in a public housing project would be an example of a good that satisfies

• A) the principle of rival consumption.
• B) the definition of a public good.
• C) the definition of a good with a positive externality.
• D) the nonexclusion principle.

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Definitions:

Problem-Solving

The process of identifying, analyzing, and resolving issues through logical and creative thinking.

Pilot Project

A small-scale experiment or set of observations undertaken to decide how and whether to launch a full-scale project.

Diffusion Of Change

The process by which an innovation is communicated through certain channels over time among the members of a social system.

Organizational Structures

The hierarchical arrangement of lines of authority, communications, rights, and duties of an organization, determining how roles, power, and responsibilities are assigned, and how work flows.