If a Public Good Provides Social Benefits That Are Greater

question 109

True/False

If a public good provides social benefits that are greater than its costs, then majority of voters would always vote in favor of producing the good.

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Definitions:

Semantic Network Model

A theory that proposes concepts are stored in the brain in a network of connected ideas, facilitating understanding and retrieval of information.

Physically Proximal

denotes being in close physical or spatial relationship to something or someone.

Nondeclarative Memory

A type of long-term memory that enables people to perform tasks without conscious awareness of previous experiences, including skills and habits.

Semantic Memory

A type of long-term memory involving the capacity to recall words, concepts, or numbers, essential for the use and understanding of language.