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    Foundations of Macroeconomics
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    Exam 6: Efficiency and Fairness of Markets
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    A Public Good
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A Public Good

Question 240

Question 240

Multiple Choice

A public good


A) is a good that is usually consumed in public, such as a restaurant meal.
B) is a good people can consume even if they do not pay for it.
C) is a good produced by government.
D) results in an efficient allocation of resources.
E) is a good for which people are willing to pay a very high price.

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