Solved

If People Prefer to Live in a Society Without Poverty,then

Question 235

Multiple Choice

If people prefer to live in a society without poverty,then fighting poverty can be thought of as a public good.Why can't the private sector provide sufficient "poverty reduction"?


A) Because people who do not donate to private charities can "free ride" off those who do.
B) The private marketplace can provide a socially optimal quantity of these programs with no government interference.
C) Because the Food Stamp program is more efficient than private food pantries run by charities.
D) Both a and b are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions