Political Governance Concepts Quiz

All public goods and services are exclusively used by individuals based on age.

Public goods are distributed based on individual willingness to pay.

Social goods are rationed by prices.

Some public services are available to all without any charges. (correct)

By exclusively allocating resources to certain groups

By increasing individual willingness to pay

By reducing the prices of goods and services

By distorting choices and affecting incentives (correct)

Increasing individuals' desire to work

Reducing the desire to save and work (correct)

Exclusively allocating resources to the elderly and children

Having no effect on work or saving decisions

<p>Because they are freely available to all without charges</p> Signup and view all the answers

<p>Social goods are distributed based on income, age, and family status.</p> Signup and view all the answers

<p>Criteria like age, residence, or certain taxes, fees, or charges</p> Signup and view all the answers

<p>Non-market rationing does not consider individual willingness to pay or price.</p> Signup and view all the answers

<p><strong>Non-excludability</strong> as they are collectively used by everyone</p> Signup and view all the answers