The City of Logan Square Needs $40 Million for a Network

question 118

Multiple Choice

The city of Logan Square needs $40 million for a network of streetlights. There are 20,000 residents in the Logan Square neighborhood, meaning the cost for each resident is $2,000. Mr. Miller refuses to donate $2,000 towards the project. This is an example of the problems encountered with:

• A) consumer goods.
• B) capital goods.
• C) private goods.
• D) public goods.

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Definitions:

Private Talk

Self-directed speech used by individuals, often in a way to organize thoughts, plan actions, or solve problems.

Conditioned Response

A learned reaction to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Potato Salad

A dish typically made from boiled potatoes and a variety of other ingredients, including mayonnaise, herbs, vegetables, and sometimes meat.

Stomach

An organ in the digestive system that secretes acid and enzymes to digest food before it moves into the small intestine.