Externalities Are a Measure of the Divergence Between Social Costs

question 119

True/False

Externalities are a measure of the divergence between social costs and private costs.

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Definitions:

Bivariate Designs

Research designs that involve the investigation of two variables to determine their relationship or correlation with each other.

Ex Post Facto

A study or analysis conducted after an event has occurred, used to discover causes even though variables are not manipulated by the researcher.

Pretest Posttest

A research design that measures the effects of an intervention by comparing subject scores before and after the intervention.