Which of the Following Statements About Public Goods Is Not

question 116

Multiple Choice

Which of the following statements about public goods is not true?

• A) They bestow collective benefits on members of society.
• B) They are non-excludable since those who do not pay for them cannot be excluded from enjoying them.
• C) They will be under supplied by the private sector.
• D) They are only produced by government agencies.

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Definitions:

Corpus Callosum

The large bundle of axons that connects the brain’s two hemispheres, responsible for relaying information between the two sides.

Cognitive Development

Refers to the process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding over the course of a human life.

Sensorimotor Stage

Piaget’s first stage of cognitive development, lasting from birth to about two years of age, during which infants construct an understanding of the world by coordinating sensory experiences with motor (physical) actions.

Synaptic Connections

The points at which nerve cells (neurons) connect and communicate with each other, playing a critical role in transmitting information throughout the nervous system.