Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) Private goods yield direct benefits to the purchaser and are financed by government.
B) Public goods yield widespread external benefits and are purchased by government with tax revenues.
C) Public goods are bought voluntarily out of private incomes and yield no significant external benefits.
D) Public goods are bought voluntarily out of private incomes and yield widespread external benefits.