A Public Good Is

question 162

Multiple Choice

A public good is

• A)any good provided by government.
• B)a good that can be most cheaply provided by government, though it may in fact be provided by private enterprise.
• C)a good whose benefits cannot readily be restricted to a small group of people.
• D)a good whose benefits cannot be enjoyed by an individual alone.

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Definitions:

Human Immunodeficiency Virus

A virus that attacks the immune system, the body's natural defense against illness, leading to the disease AIDS if not treated.

AIDS

Acquired Immunodeficiency Syndrome, a chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIV).

Rheumatoid Arthritis

A chronic inflammatory disorder affecting joints, causing pain, swelling, and potential loss of function.

Heart Disease

This encompasses various types of cardiovascular conditions that affect the heart's structure and function, leading to health complications.