Which of the Following Is an Example of Government Failure

question 20

Multiple Choice

Which of the following is an example of government failure?

• A)Negative externalities
• B)Logrolling
• C)Club goods
• D)Information asymmetries
• E)Moral hazard

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Definitions:

Ownership

The state or fact of owning something, which includes the right to possess, use, and enjoy a certain thing, tangible or intangible.

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.

Freely Downloadable

Describes software, music, or any digital content that can be downloaded without payment or significant restrictions.

Photo App

A software application designed for editing, organizing, sharing, or capturing digital photographs on various devices.