Examlex
Which of the following is an example of a public good?
Gross Domestic Product
The aggregate market or monetary value of all completed goods and services produced inside a nation's boundaries over a certain time frame.
Private Consumption
The total value of all goods and services consumed by households and individuals within an economy, excluding government spending and investments.
Gross Investment
The total amount spent on purchases of new capital assets plus replacement of worn-out or obsolete assets.
Gross National Income
The total domestic and foreign output claimed by residents of a country, including wages, salaries, and property income.
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