Home › Bihar Board Class 12 (Arts) › Economics › Government Budget and the Economy › Pick the item that counts as a public good.
Pick the item that counts as a public good.
AA cinema ticket
BNational defence
CA chocolate bar
DA cotton shirt
Answer & Solution
Correct answer: B. National defence
National defence benefits everyone and nobody can be excluded from it, which makes it a public good.
Related questions
Since 1997-98, which deficit measure has no longer been shown in India's budget?A high fiscal deficit need not be inflationary whenA common criticism of deficits is that they areWithout any change in fiscal policy, the budget deficit tends toDebt owed to foreigners is a real burden becauseGovernment bonds competing with corporate bonds for savings can push out private borrowersUnder Ricardian equivalence, higher government dissaving from a deficit leads toWho first argued that people save more when faced with high deficits, giving Ricardian equ