Examlex
Which of the following best defines a public good?
Trade Deficit
The circumstance where a country's expenditures on imported goods and services exceed the income from its exports, creating a negative trade balance.
Merchandise
Items available for sale in stores or online.
Services
Intangible products provided to consumers, such as healthcare, education, and banking, which do not result in ownership of physical goods.
Educational Services
Professional services that encompass teaching and learning activities, including instruction, training, and other support provided by educational institutions.
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