Neither Public Goods nor Common Resources Are

question 241

Multiple Choice

Neither public goods nor common resources are

• A)excludable, but only public goods are not rival in consumption.
• B)excludable, but only common resources are not rival in consumption.
• C)rival in consumption, but only public goods are not excludable.
• D)rival in consumption, but only common resources are not excludable.

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Definitions:

Collateralized Borrowing

Borrowing funds while providing assets as security or collateral for the loan in case of default.

Restructuring Gain

Income or positive financial impact resulting from alterations made to a company’s operations, structure, or strategy aimed at improving efficiency or reducing costs.

Receivable

Money owed to a company by its customers or clients for goods or services provided on credit.

State Bank

A financial institution that is chartered by a state government, as opposed to a national or federal charter.