A Public Good Is One That Is Supplied to

question 126

Multiple Choice

A public good is one that is supplied to

• A)only people who pay for it
• B)only people who do not pay for it
• C)all people, regardless of whether they pay or not
• D)the government from private firms
• E)foreign governments from our federal government

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Definitions:

Money Circulation

The movement of currency and other forms of money as it is exchanged and used within an economy.

Creditors

Individuals or institutions that lend money or extend credit to others, expecting to be repaid, usually with interest.

Farmers

Individuals engaged in agriculture, aiming at producing food and other crops, raising livestock, and managing farm operations.

Railroad Lines

These are networks of tracks along which trains travel, essential for the transportation of goods and passengers over land.