Goods like national defence and roads, which the market cannot provide, are called:
APublic goods
BPrivate goods
CMerit goods
DCapital goods
Answer & Solution
Correct answer: A. Public goods
1. Their benefits are available to all.
2. They are public goods.
3. Nobody can be excluded from them.
_Source: NCERT Class 12 Introductory Macroeconomics, Chapter 5, Government Budget and the Economy._
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