Question:medium

Which of the following terms is used in economics parlance to describe a person who receives the benefits of a good but avoids paying for it?

Show Hint

Public goods often suffer from free rider problem because individuals can benefit without contributing.
Updated On: Jan 17, 2026
  • Debtor
  • Free Rider
  • Willful Defaulter
  • Ungrateful Beneficiary
Show Solution

The Correct Option is B

Solution and Explanation

Step 1: Review Economic Terminology
- Free Rider: Consumes a good or service without payment.
- Debtor: Owes money to another party.
- Willful Defaulter: Intentionally avoids paying debts.
- Ungrateful Beneficiary: Not a recognized economic term.

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