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1 Chapter 4 - Public Goods Public Finance McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved.
1 Chapter 4 - Public Goods Public Economics. 2 Public Goods Defined Pure public goods share two characteristics –Nonrival – Cost of another person consuming.
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Theme 4 - Public Goods Public Economics 1. MAIN THEORY – Paul Samuelson 2.