Nonexcludable and nonrival goods are known as a. Public goods. ...

[iveyjurea]

Nonexcludable and nonrival goods are known as
 a. Public goods.
  b. Private goods.
  c. Efficient goods. .
  d. Those which are the last to be purchased.
  e. There is no such thing as goods which are both Nonexcludable and nonrival.

Question 2

If the interest rate rises, the present discounted value of a stream of payments owed in the future:
 a. rises.
  b. stays constant.
  c. falls.
  d. may rise or fall depending on the shape of the stream.

[kjo;oj]

Answer to Question 1

A

Answer to Question 2

c