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What types of public goods does the government oversee?(1 point)

Responses

excludable and rivalrous
excludable and rivalrous

non-excludable and non-rivalrous
non-excludable and non-rivalrous

excludable and non-rivalrous
excludable and non-rivalrous

non-excludable and rivalrous

1 answer

The correct response is:

non-excludable and non-rivalrous

Public goods are typically characterized by being non-excludable (meaning individuals cannot be effectively excluded from using them) and non-rivalrous (meaning one person's use does not diminish another person's ability to use the same good). Examples include clean air, national defense, and public parks.

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