Multiple Choice
Fred receives a $14,000.00 per year grant by the federal government because he is disabled. This is a
A) demerit good.
B) transfer payment.
C) non-rival good.
D) free rider problem.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: Briefly explain the similarities and differences of
Q27: Which of the following is best characterized
Q85: The economic problem with Medicare financing is
Q100: Recipients of Medicare tend to demand a
Q120: Market failures<br>A) are usually caused by government
Q212: Which of the following is an example
Q268: Which of the following statements is TRUE?<br>A)
Q277: An important assumption in the theory of
Q285: The legal system provided by the government
Q332: Market failure occurs when<br>A) the price system