15. Assume there is no way to prevent someone from using an interstate highway,
ID: 1244579 • Letter: 1
Question
15. Assume there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she helps pay for it. This characteristic is called: A. Nonrivalry B. Nonexcludability C. Nontaxability D. Nondiscrimination 16. In a free-market economy, a product which entails a positive externality will be: A. Overproduced B. Underproduced C. Produced at the optimal level D. Associated only with goods and services provided by the government 21. A nation's real GDP was $250 billion in 2009 and $265 billion in 2010. Its population was 120 million in 2009 and 125 million in 2010. What is its real GDP per capita in 2010? A. $2,120 per person B. $212 per person C. $21,200 per person D. $205 per personExplanation / Answer
D C B
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