单词 | merit good |
释义 | > as lemmasmerit good merit good n. Economics a commodity, service, etc., that is regarded by society or government as deserving public finance; usually in plural. ΚΠ 1962 Rev. Econ. & Statistics 44 415 The problem here is that it usually results in the imposition of the merit (or demerit) good on a larger group of citizens than public opinion or voter preference would warrant. 1992 J. G. Cullis & P. R. Jones Public Finance & Public Choice 312 General grants would be appropriate only if the grantor felt that all local services were merit goods. < as lemmas |
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