Public Goods Are Basically

question 122

Multiple Choice

Public goods are basically

• A) rival in consumption.
• B) nonrival in consumption.
• C) depletable in consumption.
• D) nondepletable in consumption.

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Definitions:

Cash Flow Payment

Payments of money, particularly from a company or government to an individual, which can arise from operations, financing, or investments.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all payments of principal and interest.

Duration

A measure of the sensitivity of a bond's price to changes in interest rates, representing the weighted average of the time until a bond's cash flows are received.

Basis Points

A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, where one basis point is equal to 1/100th of 1%.