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16-When one person's actions harm others (such as in the case of pollution), economists say that a(n) _________ is present.

16-When one person's actions harm others (such as in the case of pollution), economists say that a(n) _________ is present.

a) network externality

b) antitrust externality

c) negative externality

d) market externality


20-The Securities and Exchange Commission regulates

a) security and alarm companies

b) nonmonetary exchanges, like bartering

c) stock markets

d) auto insurance companies


13-Government consumption includes all

a) salaries paid to factory workers

b) fuel for nuclear submaries

c) cola served in a company cafeteria

d) pencils bought by a private university


15-Which country below has a higher GDP per capita than does the United States?

a) China

b) Sweden

c) Norway

d) All three of these countries have a higher GDP per capita than does the Unites States

Top Answer

Ans. 16) Option (C) is correct - negative externality Ans. 20) Option (C) is... View the full answer

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Other Answers

Brilliant and... View the full answer

3 comments
  • Thanks, why is it a negative externality?
    • yormeno
    • Apr 02, 2018 at 3:17pm
  • It is negative externality because an individual is involved in doing things that end up costly to other people and the society
    • Devotedprofessor
    • Apr 02, 2018 at 6:00pm
  • Thanks
    • yormeno
    • Apr 02, 2018 at 10:07pm

16 c) -When one person's actions harm others (such as in the case of pollution), economists say that a negative externality... View the full answer

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