In a Public good context, it is difficult to measure impact of real income because:

CA Foundation · Business Economics · MTP · September 2024
In a Public good context, it is difficult to measure impact of real income because:
(A) A. Public goods are generally free to the Public
(B) B. They make up a small percentage of total GDP
(C) C. It is hard to measure how people value to public good
(D) D. Inflation decreases the value of the good

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. It is hard to measure how people value to public good

Topics: Public Finance

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