Which of the following is an example of a public good? a grocery store a city park a movie theater cable television

The correct answer is B. A city park.

Explanation

A public good, as the name implies, is a good that is for public use, that is, it should not, nor can it be privatized by any citizen. Public goods can be provisioned by the public sector (the State) for example street lighting, streets, platforms, public parks, among others or by private sector (private companies) for example radio signals, shopping centers, among others.

Therefore, the city park can be considered a public good because it is a place that is built with public money for the benefit of the city, while a grocery store, movie theater, and television cable cannot be considered public assets because they are goods that imply the economic contribution in exchange for some service. So, the correct anser is B. A city park.

for starters, there is the structural trend of rising primary government expenditure as a share of gdp, which reached 36% in 2014, up from 22% in 1991. this increase reflected a political desire to address the poverty and inequality that had gone unaddressed during previous decades. to support the increase, brazil’s government increased taxes on consumption and promoted progress toward labor-market formalization. nonetheless, public investment, particularly in infrastructure, took a hit. in fact, with the exception of the 2005-2008 period, total investment as a share of gdp has remained below 20% since 1991.

c.) the country needed a stronger central government.