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IB Economics SL 2.9.2 Government Responses to Public Goods Questions

Practise IB Economics SL 2.9.2 by evaluating direct government provision and private-sector contracting for public goods, including free-rider problems, trade-offs and real-world examples.

Syllabus
First assessment 2022
Course
Economics SL
Level
SL

Exam points

  • Explain why direct government provision can overcome free-rider problems and market failure for public goods.
  • Evaluate direct government provision against contracting provision to the private sector.
  • Discuss implications, trade-offs, quantity decisions and stakeholder consequences of public-good provision.
  • Use real-world examples and appropriate diagrams or macroeconomic reasoning to support evaluation.

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