A Public Good Is Defined as a Good with Which

question 156

Multiple Choice

A public good is defined as a good with which of the following characteristics?

• A) non-rivalry, rivalry
• B) excludability, rivalry
• C) non-rivalry, non-excludability
• D) rivalry, non-excludability

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Definitions:

Effective Interest Method

An accounting practice used for amortizing a bond premium or discount over the life of the bond in a way that reflects a constant rate of interest.

Held To Maturity

A classification for investment securities that a company has the positive intent and ability to hold until the specified maturity date.

Annually

Occurring once every year.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is global in scope.