Question

The expense of public goods is:

A. determined by the forces of supply and demand in the product market.
B. determined by the forces of supply and demand in the factor market.
C. funded by large corporate organizations.
D. funded through public finance measures such as taxation. funded by charitable trusts.

Answer 1

D. funded through public finance measures such as taxation. funded by charitable trusts.

Step-by-step explanation:

Base on the scenario been described in the question, the expense of the public goods is been financed by public finance taxation, this is done through the government, because the government does not have much wealth compared to the private sector, another way it us been founded is through charitable trusts

Answer 2

D. funded through public finance measures such as taxation.

Step-by-step explanation:

Public goods are not necessarily provided in the free market, although it may be the case.

For this reason, governments take the function of prodiving public goods such as roads, elementary schools, and hospitals. Because the government does not produce as much wealth as the private sector in a market economy, what the goverment does is taxing the private sector to obtain the necessary funds to provide the public funds.

In case taxation is not enough, the government issues debt, and in extreme cases, prints money, a practice known as seignorage.