Multiple Choice
When the government increases taxes to provide traditional public goods, such as national security, there tends to be
A) widespread benefits and costs
B) widespread costs and concentrated benefits
C) concentrated benefits and costs
D) widespread benefits and concentrated costs
E) widespread costs and either widespread or concentrated benefits
Correct Answer:
Verified
Correct Answer:
Verified
Q97: Exhibit 16-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 16-1
Q98: A public good, such as a community's
Q99: Rational ignorance helps explain why<br>A)legislators often trade
Q100: Rent seekers are those who seek to<br>A)use
Q101: Special-interest groups have little incentive to<br>A)earn profits<br>B)redistribute
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
Q106: A good that is nonrival but exclusive
Q107: In Niskanen's theory, bureaucrats obtain the budget