A public good, public goods are non both non-excludable and non-rivalrous. Non-excludable means that individuals can not be excluded from using it. Use by one individual does not reduce the availability. Examples include knowledge, streetlights and light houses
Answer:
The correct answer is option C.
Explanation:
Imposition of tax causes the market equilibrium price to increase. This creates a tax wedge by increasing the price paid by the buyer and reducing the price received by the seller.
So the burden of tax is shared by both buyers and sellers. Who will share most of the burden depends on their elasticity.
If the demand is more inelastic, consumers will share most of the burden. If the supply is more inelastic, producers will bear most of the burden.
Answer:
D
Explanation:
Stopgap
A disaster recovery site, which is also known as a temporal backup site, is a place that a company can temporarily relocate to following a security breach or natural disaster. That is why it is known as a stopgap location because it is a temporary measure or short-term solution used until something better can be done about the situation; it serves as the best emergency plan for the typical situation.
Answer:
Indian rupee in US dollars = $418
Explanation:
given data
India GDP = 23,000 billion
exchange rate = 50 rupees per US
population = 1.1 billion
solution
we get here GDP per capita as
GDP per capita = India GDP ÷ population
GDP per capita = 
GDP per capita = 20909 rupees
so here we Convert Indian rupee in US dollars that is with exchange rate
Indian rupee in US dollars = GDP per capita ÷ exchange rate
Indian rupee in US dollars = 
Indian rupee in US dollars = $418
Answer:
B) mandate
Explanation:
A mandate refers to the legal obligation or order to do something. For example, a court can issue a mandate to close an appeal, or like in this case, a federal law can require a local government to perform some tasks even if the federal doesn't pay for it.
An example of a federal mandate that doesn't include financing is the Americans with Disabilities Act that requires certain specific changes to local infrastructure.
