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Public Goods, Externalities, and the Role of Government
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Avg score: 25% • Most missed: “Negative externality”
Public Goods, Externalities, and the Role of Government
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20 Questions

1. Average tax rate

2. Regressive tax

3. Marginal productivity theory

4. Private goods

5. Public goods

6. Marginal tax rate

7. Proportional tax

8. Marginal social cost curve (MSC)

9. Free-rider problem

10. Marginal private benefit curve (MPB)

11. Spillover costs

12. Negative externality

13. Marginal private cost curve (MPC)

14. Egalitarianism

15. Positive externality

16. Spillover benefits

17. Progressive tax

18. Marginal social benefit curve (MSB)

19. Tax bracket

20. Gini ratio

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