Which of the following is an example of a public good?
A) flood control
B) post office
C) health care
D) welfare

Question

Quizplus · Accepted Answer

Public goods are non-excludable (cannot exclude anyone from using it) and non-rivalrous (use by one person does not diminish the availability of the good to others). Flood control is an example of a public good as it benefits everyone in the area by reducing the likelihood and/or severity of flooding, and no one can be excluded from this benefit. The other options (post office, healthcare, welfare) are either excludable or rivalrous, and therefore not public goods.

Which of the Following Is an Example of a Public