1. acid rain is an example of a( (externality/ free rider).
2. the tradition (private property/open opportunity) allows everyone to compete in the free market.
3. the right (free contract/voluntary exhange) allows people to decide what agreements they want to enter into.
4. someone who benefits from a good without paying for it is an example of (free rider/public good).
5. food stamps are an example of (cash transfer/in-kind payment).
6. we can use figures on (gross domestic product/ public goods) to measure economic growth.
7. study of the behavior of the entire u. s. economy is an

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005