Which of the following are public goods? Explain, using the definition of a public good. a. An
Question:
Which of the following are public goods? Explain, using the definition of a public good.
a. An antimissile system surrounding Washington, D.C.
b. A fire department
c. Tennis courts
d. Yellowstone National Park
e. Elementary schools.
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Public goods are defined by two key characteristics NonExcludability It means that individuals cannot be excluded from using the good or service even ...View the full answer
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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