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

Responses

excludable and non-rivalrous
excludable and non-rivalrous

non-excludable and rivalrous
non-excludable and rivalrous

excludable and rivalrous
excludable and rivalrous

non-excludable and non-rivalrous

1 answer

The correct response is:

non-excludable and non-rivalrous

These characteristics define public goods, which are typically provided by the government because they can be consumed by anyone without reducing availability to others (non-rivalrous), and individuals cannot be effectively excluded from using them (non-excludable). Examples include clean air, public parks, and national defense.

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