Which of the Following Is a Defining Characteristic of a Public

question 108

Multiple Choice

Which of the following is a defining characteristic of a public good?

• A)It is produced and distributed by the government.
• B)The decision to produce it is made by the public through the voting process.
• C)It is produced and distributed by private firms according to government regulations.
• D)It is freely available to everyone once it is produced.
• E)It is purchased by one government agency from another government agency.

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Definitions:

Monthly Rate

The interest rate or return expressed on a monthly basis, often used in loan repayments or savings calculations.

Employer Contributes

Refers to the financial or resource input made by employers towards employee benefits, retirement plans, or health insurance.

Saving

The process of setting aside a portion of current income for future use, or the amount of money that is put aside.

Earns

The act of receiving money in exchange for goods or services, or as profit from investments.