An Example of a Public Good Is

question 67

Multiple Choice

An example of a public good is

• A)national defense.
• B)a lighthouse.
• C)flood control protection from the Tennessee Valley Authority (TVA).
• D)police protection.
• E)All of the choices are examples of a public good.

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Definitions:

Cash Flow

The sum of funds being moved into and out of a company, particularly in relation to its cash flow.

Financing Activities

All transactions (other than interest payments) involving borrowing from creditors or repaying creditors as well as transactions with the company’s owners.

Cash Flow

The total amount of money being transferred into and out of a business, measuring its financial health.

Accounts Payable

Liabilities of a business representing money owed to creditors for goods and services received.