A good example of a public good is ?

Related Mcqs:

1. A public good will ?

   A. Be under provided in the free market
   B. Be over provided in the free market
   C. Not be provided in the free market
   D. Has no opportunity cost

2. A public good ?

   A. Is provided by the government
   B. Is free
   C. Has the properties of being non-excludable and non-diminishable
   D. Gas external costs

3. The public sector includes ?

   A. Investors owning companies
   B. Government ownership of assets
   C. Market forces of supply and demand
   D. All trade via barter

4. A company’s first sale of stock to the public is called ?

   A. Public Offering
   B. First Public Offering
   C. Initial Public Offering (IPO)
   D. Going Public

5. What is public sector ?

   A. Public corporations
   B. Central and local government
   C. Nationalized Industries
   D. All of them

6. Many environmental resources are public goods, which are characterized by ?

   A. rivalry and exclusion in consumption
   B. nonrivalry and nonexclusion in consumption
   C. rivalry but nonexclusion in production
   D. nonrivalry but exclusion in usage

7. An example of public good is ?

   A. a beautifully landscaped lawn.
   B. preservation of wetlands
   C. a public utility.
   D. a book

8. 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.

9. The public Sector Net Cash Requirement (PSNCR) is ?

   A. A measure of the country’s trade position
   B. A measure of the country’s budget position
   C. A measure of the country’s total debt
   D. A measure of the government’s monetary stance

10. Which of the following is not a public policy to promote the private sector ?

    A. Investigating development potential through scientific and market research and natural resources surveys
    B. Providing adequate infrastructure for public and private agencies
    C. Creating markets, including commodity markets, security exchanges, banks credit facilities and insurance companies
    D. Increasing market monopolies and oligopolies to help producers