Exam 19: Public Goods and the Tragedy of the Commons

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

If one person's use of a good prevents another person's ability to use it, then the good is:

(Multiple Choice)
4.9/5
(50)

Compared to private goods, the free market would ________ public goods.

(Multiple Choice)
5.0/5
(32)

The environment is an example of a:

(Multiple Choice)
4.8/5
(35)

Which of the following solutions for public goods funding avoids both the problems of "forced riders" and "free riders"?

(Multiple Choice)
4.8/5
(38)

Google provides a(n) ________ good but uses advertising to make its good ________.

(Multiple Choice)
4.8/5
(34)

Mosquito control must be provided by the government because if:

(Multiple Choice)
4.8/5
(38)

Goods that are rival in consumption include both:

(Multiple Choice)
5.0/5
(40)

The tragedy of the commons is often the result of:

(Multiple Choice)
4.8/5
(40)

Tradable allowances may effectively be used to solve the tragedy of the commons problem.

(True/False)
4.9/5
(40)

National defense is an example of a:

(Multiple Choice)
4.7/5
(35)

Ocean tuna is an example of a:

(Multiple Choice)
4.8/5
(41)

Which of the following is a list of nonrival private goods only?

(Multiple Choice)
4.9/5
(41)

Mosquito control is an example of a:

(Multiple Choice)
4.8/5
(35)

After Napster was introduced in 1999 as a peer-to-peer file-sharing Internet service, people could cheaply distribute music. Thanks to this and other innovations ("ripping" CDs, torrents, YouTube), music is becoming increasingly:

(Multiple Choice)
4.7/5
(38)

Explain what aspect of the tragedy of the commons problem is similar to that of a positive externality.

(Essay)
4.7/5
(37)

If you're camping with a few friends, which of the following is a public good?

(Multiple Choice)
4.8/5
(37)

Explain what aspect of the tragedy of the commons problem is similar to that of a negative externality.

(Essay)
5.0/5
(32)

A good is excludable if one person's use of the good reduces the ability of another person to use the same good.

(True/False)
4.9/5
(30)

Which of the following explains why it is difficult to determine the optimal quantity of public goods that the government should produce?

(Multiple Choice)
4.9/5
(30)

Jeans are an example of a private good.

(True/False)
4.9/5
(46)
Showing 161 - 180 of 249
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)