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What merit good does the US government pay for?

One merit good that the US government pays for is education. The government provides funding for public schools and subsidies for higher education to ensure that citizens have access to quality education and improving human capital. Additionally, the government may provide financial assistance for healthcare, as it is considered a merit good to ensure the well-being and productivity of individuals.


Match each type of good with the sample good it represents (apex)?

Merit good : education Public good : national security Individual good : food


What is the synonym of to merit?

worth, value, quality of education.


On what merit can a company keep you?

Good Merit I would suppose.


What is the merit of NUST in Pakistan?

Pakistani Education system divided in three Phases 1 Urdu medium 2 English medium Madrases Pakistan's higher education system is very good


What are merit goods?

merit goods are those which society thinks that every one should have, like basic education and health care.


What is a merit good and how does it differ from other types of goods?

A merit good is a product or service that is considered to have positive benefits for society, such as education or healthcare. It differs from other goods because its consumption is believed to have positive effects beyond the individual consumer, such as improving overall well-being or reducing inequality.


Explain the term merit goods?

A merit good or service is that in which the government, state or society deems good for people.~MB


What are the characteristics of a merit good and how does it differ from other types of goods?

Merit goods are products or services that are deemed to have positive benefits for society, such as education or healthcare. They are characterized by being under-consumed in a free market due to individuals not fully recognizing their benefits. Unlike other goods, merit goods are often provided or subsidized by the government to ensure their widespread availability and consumption for the greater good of society.


Is food a public good or merit good?

food is an individual good


How do you use word merit in a sentence?

Sabrina was good so her mom thinks she should be merit.


What merit good does the government provide through a payroll tax?

Health Care is a merit good that the US government provided through a payroll tax.