Which of the Following Goods Is Nonexcludable

question 17

Multiple Choice

Which of the following goods is nonexcludable?

• A) a can of Coke
• B) a concert at Radio City Music Hall
• C) national defense
• D) an apartment building

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Definitions:

Social Stratification

The hierarchical arrangement and classification of individuals and groups in any given society based on wealth, power, prestige, or other criteria.

Working-Class

Describes individuals or groups who are employed in low-paying wage jobs, often involving manual or industrial labor, and typically associated with lower socioeconomic status.

Social Stratification

The arrangement or classification of society into levels or layers based on factors such as wealth, occupation, and social status.

Feudalism

A social and economic system in medieval Europe where land was held by nobles in exchange for military service, and labor was provided by peasants who lived on their land.