National defence, roads and government administration are examples of
Aprivate goods
Bcapital receipts
Ctransfer payments
Dpublic goods
Answer & Solution
Correct answer: D. public goods
1. The market cannot supply some goods through ordinary exchange.
2. Their benefits are available to everyone, not just one buyer.
3. Such goods are **public goods**, and the government provides them.
4. Clothes, cars and food are private goods, since one person's consumption excludes another's.
_Source: syllabus Introductory Macroeconomics, Ch 5 "Government Budget and the Economy", section 5.1.1 Objectives of Government Budget_
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