Goods and services that are exclusive and can be exhausted, and are provided by both the private sector and government, are called
A. social goods.
B. common-pool goods.
C. pure public goods.
D. toll goods.
Answer: A
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Indicate whether the statement is true or false
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a. distributive policy b. fiscal policy c. monetary policy d. redistributive policy
The passage of the Commercial Motor Vehicle Safety Act, which standardized state driver’s licenses for interstate truckers, is an example of the federal government doing which of the following?
a. continuing to import legal solutions from the United Kingdom b. rewriting regulations to satisfy special interest groups at the expense of good policy for the people as a whole c. dictating local law enforcement d. solving a coordination problem among the states
Which of the following would researchers generally try to avoid using because it can be unstable?
A) Mean B) Median C) Mode D) Variance