Nonrivalry in consumption and the inability to exclude nonpaying ...

[ss2343]

Nonrivalry in consumption and the inability to exclude nonpaying consumers from using the goods are characteristics of what kinds of goods?
 a. durable
 b. nondurable
  c. public
 d. private

Question 2

If people have rational expectations and correctly estimate the effects of a change in government policy, when the economy is initially at full employment, any anticipated decrease in aggregate demand will result in:
 a. a decrease in both aggregate demand and short-run aggregate supply.
 b. an increase in short-run aggregate supply that will maintain full employment.
  c. higher prices that will reduce aggregate demand to its original level.
 d. a decrease in short-run aggregate supply that will maintain full employment.

[diesoon]

Answer to Question 1

c

Answer to Question 2

b

[ss2343]

Excellent

[ecabral0]

TYSM