By the Turn of the Twentieth Century,the Population of the United

question 64

Multiple Choice

By the turn of the twentieth century,the population of the United States had shifted to three large racial and ethnic groups.These groups are

• A) blacks,Hispanics,and whites.
• B) Asians,blacks,and whites.
• C) Asians,blacks,and Hispanics.
• D) blacks,Indians,and whites.
• E) Hispanics,Indians,and whites.

Determine the socially optimal level of provision for public goods and common resources.

Identify and differentiate between types of goods based on their excludability and rivalry in consumption.

Explore the concept of marginal social cost (MSC) and its relation to the efficient provision of goods.

Understand the role of voluntary contributions and government intervention in providing public goods.