Identify Which of the Following Statements Is True

question 7

Multiple Choice

Identify which of the following statements is true.

• A)The U.S. Court of Federal Claims hears cases only in Washington, D.C.
• B)Each state has at least one U.S. District Court.
• C)Federal district court decisions and federal courts of appeals decisions are not printed by the U.S. Government Printing Office.
• D)All of the above are false.

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Definitions:

Public Good

A good that is non-excludable and non-rivalrous, meaning it can be used by many people without depleting its availability to others.

Private Goods

Goods that are both excludable and rival in consumption, meaning only paying customers can use them and one person's use diminishes others' ability to use them.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they are available to all without depletion from use by others.

Rivalry

Competition between businesses or individuals for market share, resources, or achievements.