Define public good, Macroeconomics

Assignment Help:

A public good:

A) Generally results in substantial negative externalities.

B) Can never be provided by a nongovernmental organization.

C) Costs essentially nothing to produce and thus is provided by the government at a zero price.

D) Can't be provided to one person without making it available to others as well.


Related Discussions:- Define public good

State about the central bank and monetary policy, Central bank and monetary...

Central bank and monetary policy By monetary policy we mean the policy directed at controlling the money supply and the interest rates. In most countries, the central bank is r

Major union wage settlement, Show the effects on the price level and real G...

Show the effects on the price level and real GDP of a major union wage settlement that significantly increases wages. Is this a supply shock, a demand shock, or both?

Calculating interest rates on a yearly basis, Calculating interest rates on...

Calculating interest rates on a yearly basis If the maturity is different from one year, the interest rate is usually recalculated to a corresponding one year rate. For example

Major economic indicators, Discuss the three major economic indicators and ...

Discuss the three major economic indicators and how they are indicative of our current economic climate.

Find the equivalent array-array factor, A 90 o perfectly conducting corner...

A 90 o perfectly conducting corner cube reflector has a shortdipole (oriented in the z-direction) placed at a distance d from the vertex. The antenna is fed by current Io. a) F

Determination of national income, Explain determination of national income ...

Explain determination of national income using aggregate demand-aggregate supply and saving-investment methods for a three sector economy.

Calculate the equilibrium price, Assume a market with demand Q = 16p^(--2) ...

Assume a market with demand Q = 16p^(--2) that is supplied by a monopoly with costs C(Q) = 6 + Q2/8. 1. Calculate the equilibrium price, output and monopoly profits. 2. What

Explain the pre-emptive monetary policy, Explain the pre-emptive monetary p...

Explain the pre-emptive monetary policy Since 1992 UK monetary policy has been 'pre-emptive'. In pre-emptive monetary policy authorities announce that they are prepared to rai

What is an oligopoly?, Oligopoly is a marketplace where the deliver is cont...

Oligopoly is a marketplace where the deliver is controlled by a small group of companies. In this condition, the actions of single company will have a material effect on the whole

Classical model, using a graph of the classical labour market, illustrate t...

using a graph of the classical labour market, illustrate the effects of a real wage existing in the market that is lower than the equilibruim real wage.what will eventually happen

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd