Because of the Free-Rider Problem

question 189

Multiple Choice

Because of the free-rider problem,

• A)private markets tend to undersupply public goods.
• B)the federal government spends too many resources on national defense and not enough resources on medical research.
• C)fireworks displays have become increasingly dangerous.
• D)poverty has increased.

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Definitions:

Quality of Proposition

Refers to the attribute of a logical statement that classifies it as affirmative or negative, depending on whether it affirms or denies something.

Quantity

A property that can exist as a magnitude or multitude, often measurable and used in mathematics and science.

Nonpolitician

An individual who is not actively involved in politics or holding a governmental office.

Senator

An elected or appointed member of a legislative body, specifically the upper house in many countries.