There is a lovely public lake where people enjoy taking their boats and families for recreation. Everybody enjoys the park more when the picnic, beach and toilet areas are clean but nobody enjoys cleaning up after themselves. In this scenario, we can expect the lake to be due to a a) dirty; positive externality
b) dirty; prisoner's dilemma
c) clean; positive externality
d) clean; prisoner's dilemma

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?