When it comes to public goods like national defense, the __________ is a serious problem. because...
When it comes to public goods like national defense, the __________ is a serious problem. because people who do not pay cannot (easily) be excluded from the consumption of the good.
A. Tax incidence
B. Free-rider program
C. Marginal propensity to consume
D. Common resource problem
Homework Answers
B) Free rider program
Free riding is a common problem in case of public goods when some of the consumers pay for the services and others just take benefit from the service without paying anything. So in case of national defense which is provided by the government it is very difficult to solve the free riding problem.
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