Most goods that are nonexcludable are pure public goods.
A. True
B. False
C. Uncertain
C. Uncertain
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If you accept the big brother cause of poverty, it might be helpful if the government did less instead of more
Indicate whether the statement is true or false
Economists report changes in unemployment in:
A. percentages, not percentage points. B. percentage points, not percentages. C. nominal figures; they rarely use percentages or percentage point changes. D. percentage points or percentages, interchangeably.
Private goods are characterized by:
A. rivalry and nonexcludability. B. rivalry and excludability. C. nonrivalry and nonexcludability. D. nonrivalry and excludability.
Which of the following is an example of a noncash transfer that is typically not included in the income-distribution data?
A. Social Security benefits B. Welfare assistance C. Unemployment compensation D. Medicare