Which of the Following Is an Example of a Public

question 163

Multiple Choice

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

• A) a weather warning system
• B) a television
• C) a sofa
• D) a bottle of soda

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Definitions:

Movement Along

Refers to a change in the quantity demanded or supplied of a good due to a change in its price, leading to movement along the demand or supply curve.

Federal Budget Deficit

The shortfall when the total government expenditures exceed its revenues in a fiscal year, requiring borrowing to cover the gap.

Antitrust Laws

Legislation enacted to prevent or limit monopolies, promote competition, and safeguard consumer rights by regulating anti-competitive practices.

X-Coordinate

The horizontal value in a pair of coordinates that indicates a point's location on a two-dimensional graph.