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Author Question: If charity is a collective consumption good then government redistribution of resources can be ... (Read 39 times)

schs14

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on: Jul 1, 2018
If charity is a collective consumption good then government redistribution of resources can be justified on the basis that _____.
 
  a. government can act as a catalyst to encourage more private giving
  b. government helps deal with the prisoner's dilemma problem
  c. government overcomes the free riding problem
   d. government consumption is one-third of gross domestic product

Question 2

Perfect substitutes
 
  A) always have indifference curves with slopes of -1.
  B) always have indifference curves with slopes of 1.
  C) have fixed rates of trading off one good for another.
  D) have horizontal indifference curves.


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scottmt

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

C


schs14

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Reply 2 on: Jul 1, 2018
Gracias!

strudel15

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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