Which of the Following "Goods" Is the Best Example of a Pure

question 147

Multiple Choice

Which of the following "goods" is the best example of a pure public good?

• A) highways
• B) national defense
• C) mail delivery
• D) welfare programs

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Definitions:

Biological Sex

Biological sex refers to the physical and physiological characteristics, such as chromosomes, hormone levels, and reproductive/sexual anatomy, that are typically used to classify individuals as male, female, or intersex.

Ordinal Data

A type of data which relates to quantities that have a natural order, but the intervals between values cannot be presumed to be equal.

Consistent Distance

The uniform spacing or gap maintained between objects or points over a period or within a particular context.

Median

The middle value in a dataset, dividing the data into two halves when sorted, and a measure of central tendency.