Author Question: A public good is: a. a good or service for which it is relatively easy to exclude nonpaying ... (Read 81 times)

Cooldude101 · **on:** Jun 30, 2018

A public good is:
a. a good or service for which it is relatively easy to exclude nonpaying customers from consumption.
b. a good or service that is consumed by both the paying and nonpaying customers.
c. any good or service that is produced by the government.
d. a good or service that is consumed by private individuals and financed by private contributions.

Question 2

A common example of indexing in the United States is:
a. annual bonuses to workers.
b. wage increases with seniority.
c. 30-year fixed-rate mortgage loans.
d. escalator clauses tied to the CPI in wage agreements.