A. neither rival nor excludable
B. rival but not excludable.
C. both rival but excludable
D. not rival but excludable
Related Mcqs:
- Which of the following is an example of a public good ?
A. hot dogs at a picnic
B. Whales in the ocean
C. national defense
D. apples on a tree in a public park - When government employ cost-benefit analysis to help them decide whether to provide a public good, measuring benefits is difficult because ?
A. there are no benefits to the public since a public good is not excludable
B. the benefits are infinite because a public good is not rival and an infinite amount of people can consume it at the same time
C. one can never place a value on human life or the environment
D. respondents to naires have little incentive to tell the truth. - Public goods are difficult for a private market to provide due to ?
A. the rivalness problem
B. the public goods problem
C. the Tragedy of the Commons.
D. The free-rider problem. - A stock that sells at a high price because of public confidence in its long record of steady earnings is called ?
A. Blue chip
B. Blue Chipper
C. An extremely valuable asset or property
D. All of these - What is comprised by public sector ?
A. Public corporations
B. Central and local government.
C. Nationalized industries
D. All of them - Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?
A. Financial assistance given by one person or government to another
B. Financial assistance given to poor people
C. Financial assistance given to aged people
D. Financial assistance given to small companies - Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were known as ?
A. Structural adjustment loans
B. sectoral adjustment loans
C. internal adjustment loans
D. external leverage loans - The biggest Industrial unit in public sector is ?
A. Karachi Shipyard
B. Pakistan Steel Mili
C. State Cement
D. Telephone Industry of Pakistan - To internalize a positive externality an appropriate public policy response would be to ?
A. ban the good creating the externality
B. tax the good
C. subsidize the good
D. have the government produce the good until the value of an additional unit is zero - Which of the following is not a nature public monopoly ?
A. mobile phone
B. electricity
C. water supply
D. postal service
