All of the Following Are Examples of Negative Externalities Except

question 194

Multiple Choice

All of the following are examples of negative externalities except one.Which is the exception?

• A)water pollution
• B)your roommate going on a diet
• C)second-hand smoke
• D)loud conversation in the workplace
• E)your neighbor building a bomb shelter on her front lawn

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Definitions:

Monthly Rate

A set interest or cost expressed as a monthly percentage or fee.

Loan Payment Schedule

A detailed plan listing individual payment amounts and dates throughout the term of a loan, showing both principal and interest components.

Amortized Loan

a loan in which the principal and interest are paid down over time through fixed monthly payments.

Effective Rate

The effective rate, often referred to as the effective annual rate, is the interest rate on a loan or financial product re-compounded on a yearly basis.