Goods That Cannot Be Consumed Without Excluding Other Consumers Are

question 33

Multiple Choice

Goods that cannot be consumed without excluding other consumers are

• A)public goods.
• B)free.
• C)are not scarce.
• D)all of these choices.

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Definitions:

Net Exports

The difference between a country's total value of exports and total value of imports. If exports exceed imports, net exports are positive; if imports exceed exports, net exports are negative.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to a country's total economic output.

Imports

Goods or services that are brought into a country from abroad for sale.

Demonstrations

Public gatherings where individuals collectively show their support or opposition toward a particular cause or policy.