10. People have a strong incentive to hide their true willingness-to-pay, or valuation, of a public good because taxing officials might use it to get them to pay more taxes. This is called the
a. basis for health insurance
b. free-rider problem
c. problem with externalities
d. result of congestion effects
11. All of the examples listed below, with one exception, are public goods that at times might lose some of their public good properties when they become congested. Which example is an exception?
a. A small nonprofit clinic for homeless people funded by a charitable organization
b. Discoveries made through medical research
c. Emergency departments of nonprofit hospitals
d. A large urban nonprofit hospital
12.The primary way that the U.S. government assures health care services for senior citizens through Medicare is through
a. Financing services provided by private sector firms
b. Producing services for consumers
c. Regulating the market for some services
d. Marketing services for private producers
10. People have a strong incentive to hide their true willingness-to-pay, or valuation, of a public good because taxing officials might use it to get them to pay more taxes. This is called the
a. basis for health insurance
b. free-rider problem
c. problem with externalities
d. result of congestion effects
11. All of the examples listed below, with one exception, are public goods that at times might lose some of their public good properties when they become congested. Which example is an exception?
a. A small nonprofit clinic for homeless people funded by a charitable organization
b. Discoveries made through medical research
c. Emergency departments of nonprofit hospitals
d. A large urban nonprofit hospital
12.The primary way that the U.S. government assures health care services for senior citizens through Medicare is through
a. Financing services provided by private sector firms
b. Producing services for consumers
c. Regulating the market for some services
d. Marketing services for private producers
