"In the American context, national security and education are examples of"

A. private goods.
B. toll goods.
C. non-excludable, non-rivalrous public goods.
D. single-use toll goods.

Public goods are non-excludable and non-rivalrous, meaning they benefit all individuals and their use by one person does not limit access for others. National security and education in the American context exemplify public goods due to their characteristics of being available to all and not diminishing in value with use by one person.

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"In the American context, national security and education are examples of"A. private goods.B. toll goods.C. non-excludable, non-rivalrous public goods.D. single-use toll goods.

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Other Questions

"In the American context, national security and education are examples of"

A. private goods.
B. toll goods.
C. non-excludable, non-rivalrous public goods.
D. single-use toll goods.