Which of the Following Statements Is True of Public Goods

question 26

Multiple Choice

Which of the following statements is true of public goods?

• A)The added cost of benefiting one person is zero or nearly so.
• B)There are methods for excluding those who choose not to pay for public goods.
• C)They will be produced in adequate quantities in the absence of government regulations.
• D)They can be provided to consumers through a pricing system.

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Definitions:

Oversight

Supervision or monitoring of actions, processes, or systems to ensure they meet certain standards or objectives.

Executive Branch

The executive branch is the part of government responsible for implementing and enforcing laws, led by the President and including cabinet departments and other federal agencies.

Agency Categories

Classifications of government agencies based on their functions, such as regulatory, service, or enforcement.

Federal Bureaucracy

A complex system of agencies and departments within the federal government, responsible for implementing laws and managing public policies.