Which of the Following Is the Best Example of a Public

question 52

Multiple Choice

Which of the following is the best example of a public good?

• A) Apples.
• B) Cars.
• C) Education.
• D) National defense.

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Definitions:

Financial Asset

An asset that derives value from a contractual claim, such as cash, ownership interest in an enterprise, a bond, stock, or right to receive cash from a contract.

Accounts Receivable

Money owed by customers to a company for goods or services that have been delivered or used but not yet paid for.

Forward Exchange Contracts

Financial derivatives that lock in an exchange rate today for the purchase or sale of a currency on a future date.