of the OEDC counties surveyed in class, America spends the ____ portion of its GDP on healthcare
A. Highest
B.Average
C.Lowest
D.unable to tell
(Part2) which of the following is(are) purely non-excludable and purely nonrival?
A. a road
B. cable television
C. broadcast (not satellite) radio
D. Answers A and C are correct
US nearly spent 17% of it's GDP on healthcare highest among all OECD members
Option A is correct
Part 2
Roads and broadcast radio are public goods as it is impossible to stop anyone from utilising these goods
If radio signals get broadcasted then it is impossible to stop anyone from consuming services from the same similar case is with roads
Option D is correct
of the OEDC counties surveyed in class, America spends the ____ portion of its GDP on...