A Good or Resource Is Excludable If

question 45

Multiple Choice

A good or resource is excludable if

• A) only the government can produce them.
• B) nobody can be excluded from enjoying the benefits of the good or resource.
• C) when you pay for the good or resource, you are guaranteed to be the sole consumer.
• D) when you consume a unit, that means there is one less for someone else.
• E) it is a common resource.

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Definitions:

Escape Response

A behavioral reaction to avoid or get away from a threatening or uncomfortable situation.

Flooding

A behavioral therapy technique used for treating phobias and anxiety disorders by exposing the patient to their anxiety source without any danger, in order to overcome their anxiety.

Exposed

Made visible or uncovered, potentially leading to harm, risk, or understanding.

Fear

An emotional response to a perceived threat, characterized by anxiety and a survival mechanism that signals danger and prepares an individual to react.