PRC-3 · Chapter 1 · Question 22 of 61
National defense, public parks, and street lighting are examples of goods that are non-rival and non-excludable. What are these goods called?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Public goods
Explanation
Public goods are provided by the state because they cannot be easily restricted to paying customers and one person's use does not diminish another's.
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