Author Question: Which of the following statements is TRUE about the difference between a public and private good? ... (Read 78 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
Which of the following statements is TRUE about the difference between a public and private good?
 
  A) Both public and private goods are owned by individuals but public goods can be shared while private goods cannot be shared.
  B) The government produces private goods while corporations produce public goods.
  C) Consumption of a private good by one person reduces the amount available for others while the consumption of a public good does not reduce the amount available for others.
  D) Resources are used to produce private goods but are not used to produce public goods.

Question 2

If you initially pay 1,000 for a bond with an annual interest rate of 5 percent, but then the market interest rate falls to 4 percent
 
  A) the market price of the bond is still 1,000.
  B) the bond's annual interest payment remains equal to 50.
  C) the market price of the bond has increased.
  D) the market price of the bond has decreased.



mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library