Multiple Choice
A good that is nonrival but exclusive is called
A) a private good
B) a public good
C) a quasi-private good
D) an external good
E) a normal good
Correct Answer:

Verified
Correct Answer:
Verified
Q101: Special-interest groups have little incentive to<br>A)earn profits<br>B)redistribute
Q102: When the government increases taxes to provide
Q103: A good that is rival but nonexclusive
Q104: An example of traditional public-goods legislation is<br>A)price
Q105: Generally, people are more satisfied with private
Q107: In Niskanen's theory, bureaucrats obtain the budget
Q108: If managers of a private corporation perform
Q109: Direct transfer programs are generally less efficient
Q110: Exhibit 16-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 16-2
Q111: Exhibit 16-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 16-5