Which of the Following Is NOT an Example of a Public

question 79

Multiple Choice

Which of the following is NOT an example of a public good?

• A) a two-tiered deck
• B) an urban park
• C) a lighthouse.
• D) clean air

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Definitions:

Vault Cash

Physical currency held by banks within their vaults, used to meet customer withdrawals and other cash needs.

Primary Reserve

It is the part of a country's reservable deposits held in cash or in deposits with the central bank, used to manage liquidity and fulfill regulatory requirements.

Secondary Reserve

Secondary Reserve includes assets that are not as liquid as primary reserves but can still be quickly converted into cash.

Board of Governors

The leading body of a federal reserve system, overseeing the policy direction and regulatory functions of the central bank.