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:

Cerebellum

A part of the brain located at the back of the skull that coordinates and regulates muscular activity.

Working Memory

A mental system designed to hold information temporarily for the purpose of processing, essential in guiding both reasoning and decision-making actions.

Long-Term Memory

The phase of memory responsible for the storage and retrieval of information over a long period.

Sensory Memory

The shortest-term element of memory, which allows retention of impressions from sensory information after the original stimuli have ended.