A street light is a ________

A) private good
B) public good
C) common pool resource
D) club good


B

Economics

You might also like to view...

What does the deadweight loss from monopoly measure?

What will be an ideal response?

Economics

Under perfect capital mobility and a floating exchange rate system, expansionary fiscal policy leads to

a. an increase in income and the interest rate. b. no change in the interest rate and a fall in the trade balance. c. no change in the interest rate and a decrease in income. d. an increase in interest rates and a fall in the trade balance. e. no change in interest rates and the exchange rate.

Economics

Real economy took a sharp turn for the worse immediately after the bankruptcy filing by Lehman Brothers on September 15, 2008.

Answer the following statement true (T) or false (F)

Economics

Scarcity means that there is less of a good or resource available than people wish to have

a. True b. False Indicate whether the statement is true or false

Economics