Chapter 30 - Public Goods and Public Choice

get a hint

hint

civic externalities

civic externalities

The ________ are where citizens in a democratic society make collective decisions by voting in elections, and each citizen must live with these decisions.

benefits of consumption

The ________ are confined to the person who buys the goods.

Education

________ is a private good that generates external benefits.

median voter rule

A** ________** is the choices made by the government that will match the preferences of the median voter.