An example of a public good is
A) a levee.
B) national defense.
C) space exploration.
D) All of the above are examples of public goods.

Question

Quizplus · Accepted Answer

A public good is defined as a good or service that is non-excludable and non-rivalrous, meaning that individuals cannot be effectively excluded from its use and the consumption of the good by one individual does not diminish the availability of the good for others. A levee, national defense, and space exploration all meet this definition and are therefore examples of public goods.

An Example of a Public Good Is