Question
Which of the following is a difficulty the government faces with respect to the production of nonexcludable public goods? Check all that apply. It is
Which of the following is a difficulty the government faces with respect to the production of nonexcludable public goods? Check all that apply.
It is difficult to determine which types of nonexcludable public goods the government should produce because of differences in consumers' preferences.
It is difficult to determine the appropriate quantities of nonexcludable public goods to produce because citizens differ in their preferences regarding public goods.
It is difficult to raise taxes to subsidize the production of public goods because individuals in society tend to benefit equally from the goods.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
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