Author Question: If charity is a collective consumption good then government redistribution of resources can be ... (Read 117 times)

schs14 · **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.