A Public Good Is One That Is

question 125

Multiple Choice

A public good is one that is

• A) nonrival only.
• B) nonexcludable only.
• C) highly rival and highly excludable.
• D) highly nonrival highly excludable.
• E) highly nonrival and highly nonexcludable.

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Definitions:

Dividend Policy

The strategy a company uses to decide how much it will pay out to shareholders in dividends.

Financial Planning

The process of setting goals, developing strategies, and outlining financial activities to manage money and achieve financial objectives.

Linkages

This term refers to connections or relationships between different sectors or elements within an economy or between different economies.

Aggregation

The process by which smaller investment proposals of each of a firm’s operational units are added up and treated as one big project.