Which of the Following Is the Best Example of a Public

question 89

Multiple Choice

Which of the following is the best example of a public good?

• A) Apples.
• B) Cars.
• C) Education.
• D) National defence.

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Definitions:

Coupon Rates

The interest rate paid by fixed-income securities, typically expressed as a percentage of the principal amount.

Expiration Time

The specific date and time when an option, futures contract, or similar financial instrument becomes void and ceases to trade.

Exercise Price

The price at which the holder of an option can buy or sell the underlying security.

Cash Dividends

Payments made by a corporation to its shareholder members. It denotes the distribution of a portion of the company's earnings.