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    Macroeconomics Study Set 68
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    Exam 5: Public Goods, Public Choice, and Government Failure
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    Unlike a Private Good, a Public Good
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Unlike a Private Good, a Public Good

Question 210

Question 210

Multiple Choice

Unlike a private good, a public good


A) has no opportunity costs.
B) has benefits available to all, including nonpayers.
C) produces no positive or negative externalities.
D) is characterized by rivalry and excludability.

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