Top Posters
Since Sunday
New Topic  
Ao9 Ao9
wrote...
Posts: 1908
Rep: 1 0
8 years ago
If GDP increases in the model of public goods
A) all of the increase in GDP goes into public goods.
B) there is substitution from private goods to public goods.
C) people are richer, so they need less public goods.
D) if the government provides public goods optimally, public and private goods production both increase.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 114 times
3 Replies
Replies
Answer verified by a subject expert
GordisGordis
wrote...
Top Poster
Posts: 1906
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ao9 Author
wrote...
8 years ago
You're sharp, thanks!
wrote...
8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1260 People Browsing
Related Images
  
 117
  
 311
  
 359
Your Opinion
Who's your favorite biologist?
Votes: 586