Which of the Following Statements About Public Goods Is True

question 42

Multiple Choice

Which of the following statements about public goods is true?

• A)The firms producing them must be listed on a public stock exchange.
• B)They are essentially negative externalities.
• C)They cannot be publicly provided.
• D)They are unlikely to be provided by private,profit- seeking firms.
• E)They respond to market signals.

---

Definitions:

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, charged by lenders to borrowers for the use of their funds.

Contracts

Legally binding agreements between parties that outline terms and conditions for reciprocal obligations and rights.

Immediate Payment

Immediate Payment refers to a transaction where the payment for goods or services is made at the same time as the purchase or shortly thereafter, without any delay.

Annual Payments

Periodic payments made once a year, often related to loans, annuities, or other financial agreements.