Dumping Raw Sewage into Boston Harbor Is an Example of

question 174

Multiple Choice

Dumping raw sewage into Boston Harbor is an example of

• A)a negative externality
• B)a positive externality
• C)a private cost
• D)a sunk cost
• E)an inverse cost

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Definitions:

Registered Education Savings Plan

A tax-advantaged savings account in Canada designed to help save for a child's post-secondary education.

Compounded Semi-annually

Involves calculating and adding interest to the principal amount of an investment or loan twice per year, leading to compound growth over time.

Semi-annual Withdrawals

Withdrawals made twice a year from an account or investment.

Compounded Annually

The method of calculating interest in which the interest earned each year is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.