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1. What are the two determinants of the optimal quantity of public goods? 2. What happens to public goods provision and private consumption when GDP increases, and when the opportunity cost of public...

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1. What are the two determinants of the optimal quantity of public goods?

2. What happens to public goods provision and private consumption when GDP increases, and when the opportunity cost of public goods provision becomes larger?

 

Answered Same Day Dec 25, 2021

Solution

Robert answered on Dec 25 2021
99 Votes
1. What are the two determinants of the optimal quantity of public goods?

2. What happens to public goods provision and private consumption when GDP increases, and when
the opportunity cost of public goods provision becomes larger?
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