Which of the Following Is a Public Good

question 211

Multiple Choice

Which of the following is a public good?

• A) carrots
• B) education at Harvard
• C) clean air
• D) water

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Definitions:

Estimable

Capable of being estimated or appraised, often used in finance and accounting to describe assets or liabilities that can be accurately assessed.

Installment Note

A debt instrument that requires regular payments, or installments, of principal and interest over a specified period.

Fiscal Year

A one-year period used for financial reporting and budgeting, which does not necessarily coincide with the calendar year.

Principal Repayment

The portion of a loan payment that goes toward reducing the amount borrowed, not including interest.