State Highways Are an Example of A

question 174

Multiple Choice

State highways are an example of a:

• A) private good.
• B) public good.
• C) common resource.
• D) nonrival private good.

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Definitions:

Stoics

Ancient philosophers who promoted the idea of enduring pain or hardship without displaying feelings or complaining, focusing on inner peace and rational understanding.

Predestination

The doctrine that all events have been willed by God, usually with reference to the eventual fate of the individual soul.

Ethical Egoism

A moral philosophy that posits individuals should act in ways that are in their own self-interest, which can inadvertently or intentionally benefit others.

Self-Interest

Refers to actions that are primarily aimed at benefiting oneself.