Which action can be best described as being motivated by the warm glow effect? S

ID: 1135366 • Letter: W

Question

Which action can be best described as being motivated by the warm glow effect?

Select one:

a. exercising your constitutional right to criticize the government

b. making a donation to a charitable organization to reduce tax obligations

c. paying a fee to enter a national park

d. making a donation to a charitable organization because doing so makes you feel good about yourself.

If when one person consumes a good no one else is able consume that same good, then that good is:

Select one:

a. excludable.

b. nonexcludable.

c. impure.

d. rival in consumption.

Which activity is more likely to be considered altruistic?

Select one:

a. planting flowers in your yard

b. saving for retirement

c. donating money to the Red Cross

d. going to college

The underprovision of public goods by the private sector is most likely caused by the:

Select one:

a. free rider problem.

b. irrationality problem.

c. assignment problem.

d. holdout problem.

Ans

1 D. It's in reality what warm glow means

2 it's rival in consumption. Once one consumes it, it is lost forever

3 donating money to college since it's not motivated by selfish intrests

4 free rider problem. People consume public goods but don't pay sufficiently for them

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