HISTORY HIGH SCHOOL

Match each good with the type of good it represents. A. Retirement programs 1 Public good
B. Infrastructure projects 2 Merit good
C. Stock investments 3 Individual good

Answers

Answer 1
Answer:

The correct answer is the following.

The correct matches are:

A. Retirement program: Merit good.

B. Infrastructure program: public good.

C. Stock investments: Individual good.

A retirement program is a merit good. The merit of having worked and pay taxes for an entire professional life. That is why pension is so valued for retired people after many years of service. Stock investments are individual goods. People invest, risk their money, are perseverant and patience, and at the end, they receive the interests for their investments. And finally, an infrastructure program benefits the citizens. If the government builds a new bridge or highway, it benefits millions of people and represents an improvement in the infrastructure of the city.
Answer 2
Answer:

A. Retirement programs: 2 Merit good

B. Infrastructure projects: 1 Public good

C. Stock investments: 3 Individual good

A. Retirement programs: 2 Merit good

Retirement programs are typically considered merit goods. Merit goods are those that are under-consumed in a free market because individuals may not fully appreciate their benefits or may not have enough information to make informed decisions.

In the case of retirement programs, they are often encouraged and supported by governments or employers because they provide long-term financial security to individuals in their old age, which can prevent future financial strain on individuals and society as a whole.

Governments often promote retirement programs to ensure that citizens have adequate savings for retirement, and employers may offer them as part of their benefits package to attract and retain employees.

B. Infrastructure projects: 1 Public good

Infrastructure projects are typically classified as public goods. Public goods are characterized by two main features: non-excludability (people cannot be easily excluded from using them) and non-rivalry (one person's use does not diminish their availability to others).

Infrastructure projects, such as roads, bridges, and public transportation systems, are funded and maintained by the government because they benefit the entire society and are available for use by everyone.

They are essential for economic development, mobility, and the overall well-being of a community or nation.

C. Stock investments: 3 Individual good

Stock investments are considered individual goods. Individual goods are goods that are consumed by individual consumers, and their consumption can be both rivalrous (one person's consumption may reduce availability to others) and excludable (consumers can be excluded from using them if they do not pay for access).

Stock investments are privately owned assets that provide returns to individual investors based on the performance of the underlying companies.

Ownership of stocks is specific to individual investors, and the benefits and risks associated with them are typically not shared collectively as they are with public goods or merit goods.

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B. the conclusion
C. the title
D. the introduction
E. the bibliography

Answers

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Answers

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Answers

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Therefore, your answer would be...


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Hope this helped :)
The correct answer here is B.

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