Examlex
Which of the following statements is/are true?
National Defense
Government and military activities and structures designed to protect a country against threats and maintain its sovereignty.
Basic Research
The fundamental investigation into the principles and reasons behind observable phenomena, without targeted applications.
Types of Goods
Classification of goods based on characteristics such as excludability, rivalry in consumption, and whether they are public, private, common, or club goods.
Negative Externalities
Costs suffered by a third party due to an economic activity, where those involved in the activity do not fully bear the cost.
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