Which of the Following Is an Example of a Pure

question 37

Multiple Choice

Which of the following is an example of a pure private good?

• A) national defense
• B) the Florida State Turnpike, a non-congested toll highway
• C) Lake Erie
• D) the Metropolitan Museum of Art in New York City
• E) the new heat pump your neighbor bought for her house

---

Definitions:

Standardized

The process of making something conform to a standard in order to ensure consistency and comparability.

Norms

Shared expectations or rules within a society or group about how members should behave.

Predictive Validity

The extent to which a score on a scale or test predicts scores on some criterion measure, often used in the context of psychological testing and assessment.

Appropriate Norms

Standards of behavior that are considered acceptable and proper by a society or group.